October 2024 - 4.99% Fixed Rate for Qualified Buyers!! Rare 2-Story Townhomes by Drees Homes in Great Location in Wake Forest Discover the rarity of modern 2-story townhome living in the beautiful Wake Forest neighborhood. The Manteo plan offers 3 beds, 2.5 baths, open living, and an outdoor oasis. Prime location with greenway access and convenient shopping in Wake Forest and Rolesville. Selection Sheets in Documents 5,000 in closing costs with preferred lender., Roof: 30 Year Warranty 1.Contract with Drees by 9/30/24 and close with FEM by 10/31/24. 2.Conventional fixed rate 5.99% interest rate with a year 1 rate of 3.99% 3.6.057% APR 4.2-1 Interest Rate Buydown (3.99% year 1, 4.99% year 2 then 5.99% for years 3-30) 5.Maximum loan amount $766,550 (except for the Super Conforming counties in TN, VA and MD) 6.20% down payment required 7.760 minimum credit score 8.4% of loan amount contribution from Drees (MAXIMUM 3% of sales price contribution in Raleigh) required to fund the buy-down escrow account and discount points 9.Additional buyer funds cannot be used to fund the buy-down escrow account
MLS# | 10016480 |
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Listing Type | For Sale |
Style | Town House |
HOA Dues | $180 |
Sub-Type | New Contruction |
Status | Active |
Year | 2024 |
Days On Site | 247 |
Listing Provided By | Drees Homes | Joe Wolf |
Bed(s) | 3 |
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Bath(s) | 3 Total |
SQ Feet | 1,685 |
Garage | 1 |
Acreage | 0.04 |
Property View | Yes |
State | NC |
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County | Wake |
City | Wake Forest |
Zip Code | 27587 |
Area | Wake |
Community Name | Meadow at Jones Dairy |
School District | Wake County Schools |
Elementary School | Wake - Jones Dairy |
Middle School | Wake County Schools |
High School | Wake County Schools |
Listing VS Median (in Meadow at Jones Dairy) | |
Price: $359,525 low | high Med: $428,990 SqFt: 1,685 low | high Med: 2,480 $ / SqFt: $213 low | high Med: $173 On Site: 247 low | high Med: 89.000000 |