11/08/2026
🏡 VA BUYERS...THIS IS AN OPPORTUNITY WORTH EXPLORING!
📍 739 Greenwich Place | Richlands, NC
💰 Offered at $339,000
🔑 Assumable VA Loan at 5.5% Interest!
For qualified buyers with available VA entitlement, this home offers an opportunity to assume the seller's existing VA loan with a relatively LOW CASH-TO-CLOSE EQUITY GAP!
But here's what many buyers don't realize: The interest rate isn't the ONLY potential benefit of assuming a VA loan!
✅ Lower Interest Rate: Take over the seller's existing 5.5% interest rate, which is more favorable than current financing options.
✅ Potentially Lower Closing Costs: VA assumptions often have fewer lender fees, and the VA funding fee is just 0.5% of the outstanding loan balance for nonexempt buyers.
✅ Existing Escrow Balance Transfer: the existing escrow balance may transfer with the loan, potentially reducing the amount needed to establish escrow reserves at closing.
✅ Typically No New VA Appraisal Required: That's potentially one less expense and one less hurdle in the buying process!
✅ Remaining Loan Term: Take over the existing loan's remaining repayment term rather than starting over with a new 30-year mortgage.
⏳ What's the catch?
VA loan assumptions can take approximately 45–90 days, sometimes longer, depending on the loan servicer and approval process. But for buyers who have flexibility with their timeline, the potential savings may make the wait worthwhile!
NOT INTERESTED IN ASSUMING THE LOAN? THERE'S ANOTHER OPPORTUNITY!
Through our preferred lender, Alpha Mortgage, qualified buyers may benefit from their Listing Booster incentive, offering:
✨ 1% toward closing costs OR
✨ A temporary 1-0 interest rate buydown, helping lower your mortgage payment during the first year!
Whether you're exploring a VA assumption or traditional financing, my goal is to help you understand your options and make the most informed financial decision.
📲 Let's talk about which opportunity makes the most sense for YOU!
Local Knowledge. Global Connections. Exceptional Representation.
Tiffany Housel
Global Real Estate Advisor
Landmark Sotheby's International Realty
*All Offers subject to lender approval