6763 Running Fox Rd Hope Mills, NC 28348
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About this home
Step inside this beautiful home where comfort meets style. 4 bedrooms, 3 baths, and nearly 3000 sq ft of well designed living, this home gives you plenty of room to grow, relax, entertain, and make memories. From the moment you pull up the charming front porch catches your eye, a perfect place for coffee in the morning or watching the sunset with a friend. Inside, the kitchen steals the show, a true chef's delight with ganite countertops, stainless steel appliances, an island overlooking into the great room and a corner pantry that everyone will love. Gather for holiday dinners in the formal dining room with cozy elegant touches. The formal living room has been being used as a grown up room for relaxing and unwinding but you may use as you wish, a generous great room offers space for kids, pets, guest, whatever your life looks like. A warm fireplace adds to the charm on cooler nights. Thre is even a full bath and bedroom downstairs. When day turns to night, retreat to the spacious owners suite upstairs with dual sinks, a lovely gaden tub, a seperate shower and walk in closet, a true get away within your own home. 3 more bedrooms upstairs give everyone their own private space. Theres even a upstairs laundry so chores stay out of the main living areas. Outside discover nearly half an acre lot, with a covered porch that connects indoor to outdoor naturally and a large play yard area. Imagine a summer of cookouts, kids running around or just relaxing under the stars. located in The Meadows at Roslin Farms West, this home gives you the quiet, welcoming neighborhood feel while being close to shopping, schools, highways and everything Hope Mills and Fayetteville have to offer! This is a true community with its own facebook page and food truck visits for fun gatherings to mix and mingle. This is not just a home, This is a LIFESTYLE!
Source: TRIANGLEMLS #LP749791
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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.