117 Landry Ct Clayton, NC 27527
Your savings
About this home
Welcome to 117 Landry court located in the desirable Alpine Valley section of Riverwood Athletic Club. This spacious 5 bedroom, 3.5-bathroom home sits on nearly half an acre with a protected tree line that offers both privacy and a peaceful backdrop. The inviting rocking chair front porch and screened-in back porch provide perfect spaces to relax or entertain. Inside, you'll find generous living areas and a beautifully appointed kitchen featuring granite countertops, a brand-new stove, and kitchen island. Living room's oversize windows offers a ton of natural light. Bookshelves surround the gas fireplace with neutral colors throughout. Upstairs, the large primary suite offers two walk-in closets and a spa-like bathroom with a dual vanity, creating the perfect retreat. Laundry room along with 3 other bedrooms on the 2nd floor. But don't stop there this home has a large third-floor bonus retreat with its own private bedroom and full bath ideal for guests, a teen suite, or a home office. Life in Riverwood Athletic Club offers so much more than just a home. Residents enjoy 3 community pools, a state-of-the-art athletic clubhouse, on-site schools, miles and miles of walking trails, and a stocked fishing pond ideal for early morning or evening fishing. Its perfect blend of comfort, and convenience this home is truly a special find.
Source: NORTHCAROLINAREGIONAL #100528004
Loan details
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.