147 Village Walk Dr Clayton, NC 27527
Your savings
About this home
The Walk at East Village is Downtown Clayton's Premier 55+ Community. Even walkable to exploding downtown Clayton. Quaint shops, wine bar, parks and restaurants on wide sidewalks so close by. Enjoy resort-style living with luxury amenities including a saltwater pool, putting green, clubhouse, pickleball courts, walking trails, and fitness center. Community Mill House has a yoga room & community kitchen area for hosting meet ups. Interest in playing darts, ping pong or a game of pool? All available to community members! Welcoming rocking chair front porch is a very short walk to all of the amenities. The owner's suite is conveniently located on the main floor. Spacious second floor has rooms for guests, hobbies, and additional office space. Loft area is fantastic for crafting and more. Open, bright first floor living. Luxury vinyl plank flooring, custom blinds, and built-in shelving throughout and extensive crown moulding trim work. The gourmet kitchen is lovely with a large entertaining island, gas range, stainless steel appliances, tile backsplash, and has generous cabinet space. Great pantry space and large first floor laundry room. Storage is no issue with oversized walk-in closets and thoughtfully designed nooks throughout the home. Whole house generator for peace of mind. Best of all, forget the hassle of yard work—HOA covers lawn maintenance and lovely amenities!
Source: TRIANGLEMLS #10130467
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.