6545 Austin Creek Dr Wake Forest, NC 27587
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About this home
Discover the perfect balance of comfort, privacy and convenience in this 4-bedroom, 2.5-bath home located in a quiet Wake Forest neighborhood surrounded by mature trees. This home offers a peaceful setting that still keeps you close to schools, shopping, dining and everyday essentials. The home sits on a spacious lot with rare elbow room between homes, giving you more privacy and space to enjoy the outdoors. The beautifully maintained Zoysia grass adds curb appeal and creates a lush, soft yard that's easy to care for. You'll also appreciate the valuable bonus of having city water and sewer service without the cost of city taxes. Inside, the home is move-in ready with a layout designed for both comfort and functionality. The main living areas feel open and inviting, perfect for family time or hosting guests. The kitchen offers plenty of storage and workspace, while the living room provides a warm, welcoming atmosphere. The 4th bedroom could also be used as a bonus room. Recent updates make this home an even greater value. The sellers are installing a brand new roof w/ 30 year shingles, and the home already includes a under-sink kitchen water filtration system for added peace of mind. With its quiet location, thoughtful updates and everyday conveniences, this Wake Forest home delivers the best of both worlds...space to breathe and modern comfort that's ready for you to move right in.
Source: TRIANGLEMLS #10130239
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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.