6951 Johnson Rd Fayetteville, NC 28312
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About this home
HUGE PRICE DROP - $20K+ BELOW MARKET VALUE! Quiet Country Living on 1 Acre - with OWNER FINANCING POSSIBLE! Escape to the peaceful life in this spacious 2-story home nestled among dogwoods, azaleas, and mimosas on a beautiful 1-acre lot. Priced at just $149,999, this is a rare opportunity to own a livable home in the country that's packed with potential — and priced to reflect the updates needed. THE BASICS: 3BR / 2BA two-story home with large rooms & friendly layout Primary suite with dual closets Solid bones: strong foundation, sturdy framing Cold-blowing AC, working plumbing fixtures, and a well-maintained whole-house water filtration system Live in it while you upgrade it - perfect for DIYers, investors, or first-time buyers looking to build equity! FEATURES YOU'LL LOVE: Large back deck with built-in brick grilling area - ideal for entertaining Quiet, country setting with lush, flowering landscaping Room for gardens, pets, or even future expansion Owner financing considered - ask for details! SWEAT EQUITY = INSTANT VALUE: We're transparent about the work needed - and have priced it accordingly to help you build instant equity: Cosmetic updates needed: paint, spackle, floors in laundry & kitchen, carpet cleaning or replacement. Some windows and deck boards should be replaced. Exterior will need a repaint soon. Roof is older but holding strong - no leaks Exterior siding has minor wear from pet chewing adjacent the deck HVAC (1988) still works great - Rheem combo gas/electric unit Water Heater is new and in excellent condition. The Takeaway: This home isn't perfect — but it's livable today and offers a rare combination of space, land, and upside potential at a price point rarely seen in this market. Whether you're a handyman ready to make it shine or an investor looking for a smart buy, this is your chance. Wifi service for the area is Spectrum and the neighbors report good service and streaming.
Source: TRIANGLEMLS #10110189
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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.