2798 Via Piazza Loop, Fort Myers, FL 33905
5 beds · 3 baths · sqft sqft
Welcome home! Boasting five bedrooms and 3 full bathrooms, this home is located in the desirable Promenade West at The Forum and is the perfect oasis amid the bustling Fort Myers outer limits. Being within walking distance of a shopping center, restaurants, and hotel accommodations in addition to being situated between two access points to I-75, you'll never be far from where you need to go. This home is already setup for families and their guests. Downstairs, you will find a guest suite and bathroom right inside the pool door. Pocketing sliders across the back of the home provide sunshine, fresh air, and extra space for gatherings. Enjoy both your morning coffee and evening beverages on the lanai or in your private spa. Backing up to a newly built housing complex behind a privacy wall, peace and serenity are in large supply. The open kitchen and livingroom concept give the downstairs an open and vast feeling while the formal dining room creates the space to host your traditional holiday dinners. Working from home? No problem! The large study situated at the front of the home and away from the bedrooms provide privacy and seclusion right inside your comfort space. Bring all your toys and tools to this home. The three car garage has plenty of space for that collector car and your gardening tools with room to spare for the kids' bicycles. Laundry is located downstairs and off the kitchen, convenient and discreet. Upstairs you will find the four remaining bedrooms along with a huge flex space. Home theater anyone? Closets galore. Separate bathroom for the kids, and a soaking tub and shower in the master bedroom with dual walk-in closets. The solar panels on the roof are equipped with power saving batteries located in the garage. No need for a generator during Florida's infamous hurricane season. The active community provides plenty of entertainment and family fun, without compromising your privacy or quiet enjoyment. Right across the street in the grassy area, the Easter Bunny and Santa have been known to make appearances along with other community activities for the whole family. This home has been freshly cleaned and is ready for it's new family! ***REALTORS: Please read confidential remarks***
Source: FORTMYERS #224042437
You may be able to put down less than the total down payment amount of $137,926 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224042437
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #224042437
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.