1009 Micahs Way N Spring Lake, NC 28390
Your savings
About this home
Seller to pay buyer's closing costs with accepted offer!With this beautiful executive home, your family will have all the space! Located on the desirable third fairway in the sought after Anderson Creek Club golf community. You're greeted by the grand foyer with high ceilings. Formal living and dining rooms are in the front of the home. Large kitchen island offers more seating. Family room is open to the kitchen for a great flow of space. Oversized owner's suite with double doors is located on the main floor. Laundry, mud area, and half bath are on the main floor. Three secondary bedrooms on second floor. One secondary bedroom has an en suite and walk in closet. Other two secondary bedrooms have large double closets. Loft area boasts great balcony view and offers additional sitting or office area. Large double door bonus room also offers closet space. Deck and additional patio space in the backyard give great views of the third fairway. Oversized two car garage. POA dues include gate/guard security, internet, weekly lawn maintenance, community pools, playgrounds, nature trails, tennis/pickleball courts, sand volleyball court, soccer field, fitness center, fishing ponds, with access to clubhouse with restaurant and golf pro shop! Come tour this home today and make it yours!
Source: TRIANGLEMLS #LP751547
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.