30053 Island Club Dr, Deer Island, FL 32778
4 beds · 4 baths · 2,786 sqft sqft
Are you feeling crowded? Or overwhelmed? Your slice of heaven has just hit the market! Nestled in Sunny Central Florida, a short drive to Disney world, Sea World, Universal! But out just far enough that you aren't in the middle of the rat race! Wide open spaces, horse country just outside the gates, and Tavares, Mt Dora just minutes away.One of the nice things about being so centrally located and just minutes to our Florida turnpike is that you can be at the beach in just an hour! This 4 bedroom, 3.5 bath, golf front home in the exclusive gated enclave located on the 400 acre DEER ISLAND, FL is just waiting for you! Surrounded by natural Lake Dora and Lake Beauclaire, the homes here are built around this privately owned championship golf course that is consistently rated in the top 25 in the USA! You know what they say about location! Mt Dora with all of its shops and dining options is a short boat ride away. America's Sea Plane Capital Tavares is just minutes away with even more waterfront dining and shopping! Orlando with Walt Disney World, Universal Studios, and the Orlando International Airport is just a 40 minute drive! Meanwhile you are tucked away playing golf, tennis, pickle ball in your own resort of Deer Island, Fl. Imagine nature walks where you can see eagles soaring overhead, otters splashing in the water, and incredible birds that are spending their winters here in SUNNY DEER ISLAND, FL! And you can enjoy this lovely two story home with incredible golf course views from the front or back yard! We all need to be able to get away...but what if you lived here in the incredible Deer Island? You would be living the good life every day! Country Club living at it's finest! And this home is perfect with plenty of space for everyone. It has the master bedroom on the first floor and a home office/guest room as well. The second floor offers a huge loft area as a bonus room that is great for gathering with family and friends. The bedrooms are situated in a three way split so that everyone has the privacy they want. This home is turnkey and just waiting for you! This is it! Your chance to own a slice of PARADISE! Experience the true old Florida life style, surrounded by nature, and SUNNY skies year round! See it today!
Source: STELLAR #o6212539
You may be able to put down less than the total down payment amount of $192,425 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: STELLAR #o6212539
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: #o6212539
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.