1409 Nicklaus Dr Durham, NC 27705
Your savings
About this home
Welcome to this spacious move-in ready end-unit townhome, offering the perfect combination of modern comfort and classic design. Experience ultimate comfort and flexibility in this 3-bedroom, 3-bathroom home, designed to offer privacy and convenience for all. With a primary bedroom on each floor, this home is perfect for families, multi-generational living, or those who love extra space and independence. Additional bedroom on main level. The chef in you will love the granite countertops and ample cabinetry, along with the stainless-steel appliances that make meal prep a breeze. Whether you're cooking for one or entertaining a crowd, this kitchen has you covered. The centerpiece of the living room is the stunning stacked stone fireplace, reaching all the way to the ceiling, offering both warmth and a striking visual focal point. Relax or entertain in the charming sunroom, where large windows bring in natural light and create a peaceful, airy retreat. Private fenced backyard oasis with a large patio - perfect for entertaining or enjoying peaceful mornings. Ideally located near Duke, I-85, shopping & dining. Don't miss this rare combination of space, comfort, and style - ready for you to simply unpack and enjoy!
Source: TRIANGLEMLS #10123489
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.