Motivated Seller offering $30k credit! This beautifully updated 4 BR / 2 BA/ 3,085-LSF home perfectly blends elegance, comfort & functionality. Each detail feels intentional - from the luxurious primary retreat to the open-concept kitchen flows effortlessly into multiple living areas. The cohesive design continues outdoors with 2172 SF of sparkling resort-style pool, travertine paver decking, and a tiki retreat - creating a harmonious extension of living space ideal for entertaining & relaxation. This versatile floor plan includes formal living & dining rooms, den, and Florida room spacious, inviting, and designed for everyday living. Other features include Calacatta-style quartz waterfall island, coffered ceilings, crown molding, sleek porcelain tile throughout & so much more!! Beautiful Pool Home & NO HOA!! The sellers are highly motivated and open to negotiation. This updated residence features 4 bedrooms, 2 bathrooms, formal living and dining rooms, a spacious family room, casual dining area, and a large eat-at snack bar accommodating six. The private den/office is adjacent to the primary suite, and the enclosed Florida room offers additional living space. The finished area under air totals 3,085 square feet (which includes the 240sf former enclosed patio), with a total property size of 3,198 square feet. Parking includes a two-car garage, a four-car driveway. Outdoor Amenities: Enjoy a resort-style, salt chlorinated Pool (14' x 25'.5") accompanied by a travertine deck spanning 2,172 square feet, and a dedicated tiki retreat - prewired and plumbed for an outdoor kitchen. Gross outdoor area encompasses 5,370 square feet on a 0.25-acre lot (10,490 sf) Risk Mitigation and Due Diligence: Storm protection measures include impact-resistant garage doors, sliding doors, and a transom window in the den/office, with panels installed on all other openings. Comprehensive inspectionsgeneral property, 4-point, and wind mitigationhave been recently completed and are available for review, supporting informed investment decisions. Investment Opportunity: With no HOA restrictions and a resort-style pool complemented by an expansive outdoor living area beneath a tiki hut, this property presents a compelling opportunity for investors seeking a turnkey asset featuring substantial amenities and recent upgrades. The offering is well-suited for corporate ownership, 1031 Exchange, or similar investment strategies. See Documents with complete updates
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.
