860 Cokesbury Rd Fuquay Varina, NC 27526
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About this home
Welcome to your dream home, thoughtfully custom-built by a local builder and nestled on an expansive, nearly one-acre private lot. From the moment you step inside, you'll be captivated by the craftsmanship and detail. Gorgeous hardwood floors flow throughout the open-concept main level, seamlessly connecting living, dining, and kitchen spaces perfect for entertaining or everyday living. The expansive kitchen is a chef's delight, featuring gleaming granite countertops, soft-close cabinetry, under cabinet LED lighting and ample workspace for culinary creativity. With the large family room and formal dining, you'll have all the space you need to host your family and friends. Upstairs, the primary suite offers a true retreat, with generous space, lovely finishes, and a walk-in closet that's nothing short of impressive. In addition to the two additional bedrooms on the second floor, the massive bonus room provides endless flexibility. Use it as a media room, play space, home gym, or second living area. Enjoy the peace and privacy of your large lot with no HOA restrictions—room to roam, garden, entertain, or simply relax in your own outdoor oasis. You'll find the oversized two-car garage to be a great size for your parking and storage needs-complete with large custom built shelving and work bench for all your storage and hobby needs. This home blends custom quality, spacious comfort, and modern elegance. Come experience it for yourself!
Source: TRIANGLEMLS #10105771
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Close stress-free in 45 days, handled start to finish by Roam.
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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.