2068 Dresden Dr Burlington, NC 27217
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About this home
Discover Your Dream Home: A Perfect Blend of Elegance and Comfort Nestled in a serene and desirable neighborhood, this recently built 3-bedroom, 2-bathroom, 2-story home is the epitome of modern living. Boasting an impressive 2-car garage and a host of luxurious features, this residence offers the perfect balance of style and functionality Vaulted Ceilings: Soaring ceilings create an open and airy atmosphere, perfect for entertaining or simply enjoying the spaciousness. Gourmet Kitchen: Equipped with granite countertops and top-of-the-line stainless steel appliances, this kitchen is a chef's dream. Prepare meals with ease and style, while enjoying the natural light that floods the space. Bonus Room and Office: Need extra space for work or play? This home delivers with a versatile bonus room and a separate office, providing the perfect setup for remote work or hobby room. Large Backyard: Unwind in your expansive backyard, ideal for outdoor gatherings, gardening, or simply enjoying the fresh air. Imagine the possibilities—from barbecues to stargazing, this space is yours to define. Additional Features: Master Suite: Retreat to your private oasis with a master suite that includes a luxurious en-suite bathroom and ample closet space. Modern Amenities: Enjoy the convenience of smart home features, energy-efficient appliances, and high-quality finishes throughout. Community Living: Located in a friendly and well-maintained community, you'll have easy access to local amenities, parks, and top-rated schools. This beautiful home is more than just a residence—it's a lifestyle. Don't miss the opportunity to make it your own. Contact us today to schedule a viewing and experience the perfect blend of elegance and comfort.
Source: TRIANGLEMLS #10110806
Neighborhood
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Close stress-free in 45 days, handled start to finish by Roam.
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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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.