2192 W Tanglewood Dr SW Supply, NC 28462
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About this home
Discover this stunning 3 Bed / 2 Bath manufactured home in one of the most desirable WATERWAY COMMUNITIES around! Built in 2023, this beautifully crafted residence offers approximately 1,685 heated square feet of modern, functional living space designed with quality, value, and style in mind. Features include an open floor plan highlighted by trey ceilings, ceiling fans, and elegant crown molding. The kitchen boasts white, timeless cabinetry that reaches the ceiling, stainless steel appliances, a range with vented hood, tile backsplash, soft-close drawers, and a spacious stainless steel sink with high-rise pull-down faucet—all illuminated by recessed lighting. Enjoy a spacious primary suite with a walk-in closet and an ensuite bathroom featuring a tile surround shower, double-sink vanity, and a luxurious soaker tub. Guest rooms are generously sized, perfect for family or visitors. Step outside to your front covered porch with Trex decking, extra-wide brick stairs with a custom welded metal handrail, and plenty of room for a swing or rocking chairs—ideal for relaxing or entertaining. The outdoor space features a metal roof, lush Bermuda grass, and a fenced yard, creating a perfect space for pets or kids to play freely. Additional outdoor amenities include a 8x16 shed with gutters and a brick foundation, topped with a covered front porch making it an ideal spot for tinkering with fishing poles, beach gear, or crafts. The yard is landscaped with rock features, adding to its charm and functionality. This home is conveniently located on a well-maintained road in a vibrant waterway community offering private boat ramp access, a fishing pier, sundeck, floating boat dock, all at low HOA fees of only $300/year. Whether you're seeking a permanent residence or a second home, this property offers incredible value and the perfect lifestyle for outdoor enthusiasts and relaxation! Come see what coastal living is all about!
Source: NORTHCAROLINAREGIONAL #100530001
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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.