721 Currituck Cay Corolla, NC 27927
Your savings
About this home
This is a great property reduced and priced to sell! If you are looking for a home and a neighborhood to impress your family, friends and potentially renters this is the one! With a large private pool enclosed in a fenced in area, porch swing and great deck space there is plenty of open room to entertain outdoors. Nestled on the end of a street and next to a common area you benefit from no through traffic and an adjacent common area that the HOA maintains. This home is in the coveted Hammocks section of The Currituck Club which is a community within a community; awarded Best small resort community of the year in 2010 the Hammocks offers additional amenities to the already amenity rich Currituck Club. The Currituck Club is renowned for its top-notch amenities including: Golf Course: Tee off on the 18 hole Rees Jones golf course, complete with a driving range, pro-shop, and clubhouse. Pools: Enjoy multiple pools, including one exclusively for the Hammocks Recreational Facilities: Stay active with basketball courts, tennis courts, bocce ball, pickleball, playgrounds and sand volleyball. Health Club & Sound Access: Take advantage of the community health club and scenic sound access. Convenient Beach Access: From Memorial Day to Labor Day, catch a ride to the beach with the beach valet services. This home effortlessly combines convenience, and relaxation. Whether you're looking for a vacation getaway, a second home, or a primary residence, this exquisite property has it all. Enjoy the tranquility of a private setting while being close to everything you need. This property has 4 spacious bedrooms that offer a comfortable and relaxing space for you and your guests. For an extra special touch, enjoy stargazing from the tower room! This home comes furnished but with a lot of potential to make it your own! Discover The Hidden Gem and experience the epitome of coastal living. Schedule a private tour today
Source: NORTHCAROLINAREGIONAL #100460929
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.