Exceptional opportunity in one of Cary's most desirable golf course communities, just a short walk from Prestonwood Country Club. An appraisal completed on June 2, 2026, valued the home above the current asking price, providing buyers with added confidence and potential immediate equity. A home inspection has also been completed, and the report is available for buyer review during showings. Situated in the back of a peaceful cul-de-sac, this beautifully refreshed home offers outstanding curb appeal with an east-facing front entrance that welcomes the morning sun. Enjoy the convenience of a quick 3-minute golf cart ride or an 8-minute walk to the country club pool, driving range, tennis courts, and fitness facilities. The versatile floor plan features primary suites on both the main and upper levels, making it ideal for multi-generational living, extended guests, or those seeking additional privacy and flexibility. Recent improvements include fresh interior and exterior paint, new carpeting, and numerous exterior updates, creating a move-in-ready experience. A truly exceptional feature is the expansive 800-square-foot unfinished walk-up attic. This incredible space offers endless possibilities for future expansion and customization. Imagine creating a home theater, game room, fitness studio, executive home office, art studio, guest suite, additional bedroom and bath, homeschool space, playroom, or a private retreat tailored to your lifestyle. With so much potential square footage already in place, buyers have a rare opportunity to add significant value while designing a space that perfectly meets their needs. Unlike many homes in the community, this property offers a unique combination of privacy, flexible living space, potential for future expansion, and exceptional value. Buyers will appreciate the peaceful setting while remaining just minutes from top-rated schools, shopping, dining, parks, and major commuting routes. Seller is a licensed Realtor. Homes offering this combination of location, condition, and opportunity rarely become available. Schedule a showing and experience firsthand everything this exceptional property has to offer. Contact Leigh Mullins for a private showing: 919-632-1590.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
