28 Foxberry Dr Arden, NC 28704
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About this home
Welcome to your dream home nestled in the highly desirable Hunters Trace community, where location truly is everything! This charming residence offers unparalleled convenience to dining, shopping, recreation, and entertainment, making it the perfect spot for a vibrant lifestyle. Imagine being just 8 minutes from the airport, 12 minutes to Biltmore Park, and only a short 25-minute drive to the captivating downtown Asheville or Hendersonville. Rest easy knowing this home sustained no damage from Hurricane Helene and comes with the added advantage of no city taxes. Enjoy the many perks of community living with a low monthly fee of $92, which grants access to amenities like a refreshing pool, welcoming clubhouse, and well-maintained tennis courts—creating the ideal blend of comfort and recreation. This quiet, well-established neighborhood is designed with your safety and convenience in mind, complete with streetlights and speed bumps. Inside, discover a thoughtfully designed split bedroom floor plan that emphasizes both privacy and functionality. Step outside to two spacious decks at the rear of the home, perfect for entertaining guests or enjoying peaceful mornings with a cup of coffee. Cozy up by the gas fireplaces on both the main level and basement, adding warmth and ambiance to your living space. This well-kept home is ready for you to move in and make it your own. Don’t miss the opportunity to call this beautiful property your home in a community that truly has it all! Seller offering 2-10 Home Warranty with acceptable offer. Schedule your viewing today!
Source: CANOPYMLS #4310147
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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.