1245 Bessie Court, Wake Forest, NC 27587

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 Documents5,000 in closing costs with preferred lender., Roof:  30 Year Warranty1.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% APR4.2-1 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