1159 Hallberry Dr Fayetteville, NC 28314
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About this home
This outstanding investment property presents a rare opportunity for savvy buyers seeking immediate equity and strong profit potential for an AS-IS sale. Home offers 2744 square feet of living space with tremendous upside potential. Strategically positioned in the desirable Remington area, this property benefits from strong market fundamentals and consistent appreciation trends. The location provides excellent access to local amenities, schools, and major transportation corridors, making it highly attractive to both owner-occupants and rental tenants. With an After Repair Value (ARV) of 360k-370k, this represents a compelling value-add opportunity for investors.This is a time-sensitive wholesale deal offered exclusively to serious buyers who understand "time of the essence" transactions. The property is priced aggressively for quick sale and requires minimal negotiation for qualified buyers ready to move forward immediately. All offers to be emailed to limitless@agentnow.realestateFor faster response please call/text Alexander Carrasco at: (910) 729-9086Will provide additional photos via Google Drive link on request#fixandflip #handymanspecial #cashbuyers #as-is
Source: TRIANGLEMLS #LP753244
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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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