Beautifully Updated Fayetteville Home with Solar PowerWelcome to 6806 Beaver Stone Drive, a beautifully renovated and energy-efficient home that blends modern comfort with peaceful outdoor living. This inviting 3-bedroom, 2.5-bath property has been thoughtfully upgraded from top to bottom and features a long list of improvements, outdoor amenities, and smart-living features.Inside, the owners invested extensively in tasteful updates, beginning with a stunning butcher-block countertop finished with seven coats of butcher-block stain — NOT polyurethane — making it completely food-safe and ideal for meal prep. The kitchen also features refinished cabinets with new hardware, tile backsplash, a new stainless sink, and a spring faucet. The upgraded lighting package brings the space to life:Hue-changing kitchen lights with dimmable settings, night-light mode, and full color-temperature controlA dimmable light over the kitchen sinkTwo hallway can lights that change hue from warm yellow to cool blue-white for customizable ambianceYou’ll also enjoy new LVP flooring on the main level, new carpet in all bedrooms, fresh interior paint, updated vanities and commodes, and stylish new lighting throughout the home. Bedrooms and the living area include upgraded ceiling fan/light combinations, and the bathrooms feature new exhaust fans, including one in the primary bathroom with Bluetooth audio for a spa-like experience.Owner RenovationsMajor mechanical and functional updates include an upgraded interior power panel, new water heater, new GFCIs, new thermostat, new bedroom doors, updated quarter-round trim, a refinished hall shower, new garage backdoor, and seamless gutters (a $5,000 upgrade). Exterior pillars have also been freshly painted for enhanced curb appeal.Step outside to discover an outdoor oasis. The property includes a 12' x 24' x 12' barn with a new roof, a 4' x 8' metal storage shed, a cement pad ready for a pool, and a 6-person jacuzzi on its own concrete pad. You’ll also enjoy two gazebos — one designed specifically for grilling, and the other serving as a relaxing gathering space complete with included patio furniture.The backyard is bursting with natural beauty, featuring producing apple trees, a peach tree, a grape trellis, and two vibrant hibiscus plants, creating a colorful and inviting landscape all season long. The attached screened-in garage offers comfort and functionality and includes generator-ready outlets, while three illuminated flag poles add a touch of distinction to the property.A standout feature of this home is the solar power system, which supplements electricity from Lumbee River EMC and significantly offsets energy usage — especially when using the jacuzzi, pool pumps, or any tools and systems running off the garage subpanel. If those items are not in use, the solar output simply reduces general household energy consumption for continued savings.To complete the serene outdoor retreat, this property also includes a hot tub AND a meditation pond, ready to be filled and personalized for your own private relaxation space.Key Features You’ll LoveFood-safe butcher-block counters with 7-coat stain finishExtensive interior renovations & modern lighting upgradesHue-changing & dimmable lighting throughoutSolar-powered energy savingsBarn + shed + screened-in garage with generator outletsTwo gazebos: one grilling, one furnishedJacuzzi + meditation pondFruit trees, grape trellis, hibiscus plantsCement pool pad, Sprinkler SystemUpdated electrical & mechanical systemsFrom the beautiful interior renovations to the thoughtfully designed and fully equipped outdoor spaces, this home offers comfort, efficiency, and relaxation at every turn. With major upgrades already completed and unique features you won’t find anywhere else, this home delivers exceptional value & a lifestyle that feels like home the moment you arrive. A 1 Year Home Warranty included for the buyer.
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.
