1069 Chadsey Lake Dr Carolina Shores, NC 28467
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About this home
Located in the highly sought after planned community of Calabash Lakes is this popular Tuscan Duet townhouse. With all exterior maintenance & landscaping provided through your HOA, this can easily become a place to call home. You are welcomed by an open-concept floor plan where a dining room, living room & kitchen provide gracious space for all to gather making it easy to entertain & enjoy family & friends. Upgrades include quartz counter tops & stately kitchen cabinets. The dual-purpose kitchen island allows for food prep & serving tasty treats to your guests. A well-placed kitchen pantry with multiple shelves offers additional storage. Separate from the master bedroom is a study, two guest bedrooms, a hallway bathroom, a laundry room & several closets. A walk-in closet & nicely appointed master bathroom with walk-in shower complement the large master suite. Natural light flows through windows in the living room & - just beyond - is the 7.5'x14.5' sunroom where you can watch wildlife attracted by the pond. Come make this well-maintained home your new point to unwind!
Source: NORTHCAROLINAREGIONAL #100525343
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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.
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