1306 Sugar Hollow Dr Charlotte, NC 28214
Your savings
About this home
Charming Cul-de-Sac Retreat with Ample Outdoor Space Nestled at the end of a quiet cul-de-sac, this delightful home offers the perfect blend of comfort, character, and space on a generous .31-acre lot. Surrounded by mature, established trees, the setting feels peaceful and private—your own little escape just minutes from everything. Step inside and be greeted by vaulted ceilings that create a bright, airy feel, and a cozy brick fireplace with a beautiful German Schmear finish—a perfect focal point for relaxing evenings at home. The large, updated kitchen is ideal for both everyday living and entertaining, featuring granite countertops, a stylish tile backsplash, stainless steel appliances, and plenty of space for cooking and entertaining. The primary suite offers a spa-like retreat with a separate soaking tub and tile shower, giving you a peaceful spot to unwind at the end of the day. Enjoy outdoor living shines with two spacious decks, ideal for hosting or simply enjoying your morning coffee surrounded by nature. As the sun sets, gather around the outdoor firepit and take in the serene atmosphere under the trees. This home offers the warmth and charm you’ve been looking for, with thoughtful updates and a location that’s hard to beat. Come see it for yourself—you’ll feel right at home the moment you arrive. Back on the market due to buyer financing falling through.
Source: CANOPYMLS #4307102
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.