132 Newbury Dr, White House, TN 37188
Active $635,000
3 Full, 1 Half
4 Beds
2,553 SqFt
0.17 Acres
- A RARE FINANCING OPPORTUNITY FOR TODAY'S BUYERS! This home has an existing mortgage with approximately $335,000 remaining at an incredible 3% fixed interest rate that may be assumed by a qualified buyer. What does that mean in plain English? Instead of financing the entire purchase price at today's mortgage rates, an approved buyer can take over approximately $335,000 of the seller's existing mortgage at just 3% interest and finance only the remaining balance separately. For example, on a $610,000 purchase with 10% down, approximately $335,000 could remain financed at 3%, leaving approximately $214,000 to finance separately. If that additional financing were obtained at 6.5%-7%, the balance-weighted rate across the two loans would be approximately 4.4%-4.6%. And unlike a temporary builder rate incentive that may expire after the first year or two, the 3% rate on the assumed portion remains in place for the remaining term of that existing loan. This could represent a significant financing advantage for the right buyer. Buyer must qualify for the mortgage assumption, and availability, terms and any secondary financing should be verified with the applicable lenders. 4-bedroom, 3.5-bath home in Reserve at Palmers Crossing, White House, TN, with main-level primary suite. 2,553 sq ft built in 2021: gourmet kitchen with double ovens, two-tone cabinets, and walk-in pantry; spa bath with soaking tub; huge upstairs loft; three additional bedrooms, one with built-ins and Murphy bed. Covered porch, 350-sq-ft stamped patio with fire pit, landscaped grounds with greenway views. Tankless water heater, 2-car attached garage, convenient I-65 access for the Nashville commute.
- Year Built: 2021
- Air: Central Air,Electric
- Heat: Central,Natural Gas
- Water: Public
- Sewer: Public Sewer
MLS#: 3529056
I'd love to show you this 4 bed, 4 bath home. — Jayden
Jayden Fortune,
Affiliate Broker, PARIS
731-535-4980
Jayden Fortune grew up in Weakley County and knows West Tennessee the way you learn a place when you've actually lived it. He came to Premier Realty Group straight out of college, where he earned an ...
Hi, I'm Jayden.
I'd love to walk you through this 4 bed, 4 bath home with garage. Let me know when works for you — I'll make it easy.