5884 Park West Cir Leland, NC 28451
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About this home
Meticulously Maintained Home! Welcome to this beautifully upgraded & lovingly maintained 3/4-bedroom, 3-bath home located in the highly desirable Brunswick Forest community. Situated on a premium lot w/ green space to the left, this home offers a unique sense of privacy & added value. From the moment you arrive, you'll notice the exceptional attention to detail. The faux stone-enhanced front porch, walkway, and extended backyard patio set the tone for the quality you'll find throughout. Inside you'll discover an open-concept floor plan, ideal for everyday living & entertaining. Beautiful wood floors grace the main level w/ carpeting upstairs in bonus/4th bedrm. The chef's kitchen is a true delight—offering thoughtful upgrades & a dedicated reverse osmosis system at the sink, part of a whole-house water filtration system for peace of mind & comfort. The living space flows effortlessly into a heated and cooled sunroom w/ stylish porcelain tile floors & custom solar blinds—a perfect spot to unwind in any season. Throughout the home, you'll find custom plantation shutters & blinds, providing both style & function. The generous owner's suite is a private retreat, featuring an en suite bath complete w/ bidet—a luxury personal hygiene upgrade. Practical upgrades abound, including a well-appointed laundry room w/ cabinetry & folding table, a fully fenced backyard w/ puppy pickets & dual gates for safety & convenience. Brunswick Forest is known for its active, social lifestyle & unparalleled amenities: 3 outdoor pools, an indoor pool, state-of-the-art fitness facilities w/ exercise classes offered, tennis & pickleball courts, & extensive walking & biking trails. Enjoy the convenience of on-site shops, dining, & medical facilities, all just minutes from historic downtown Wilmington & area beaches.Don't miss this opportunity to own a move-in-ready, thoughtfully enhanced home in sought-after Brunswick Forest. Schedule your private tour today & experience the BF lifestyle!
Source: NORTHCAROLINAREGIONAL #100533890
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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.