Welcome to Village Walk at Palmer Ranch — one of Sarasota's most sought-after, maintenance-free, resort-style communities! Nestled behind the guard gates of this award-winning community, this stunning 3-bedroom, 3-bathroom Cayman model townhome offers the ultimate Florida lifestyle experience. Built by DiVosta with reinforced steel and poured concrete construction and hurricane shutters, this home delivers both beauty and peace of mind from day one. From the moment you arrive, the charming covered front porch sets the tone — a perfect perch for morning coffee or evening wine surrounded by lush tropical landscaping. Step inside to a bright, wide-open floor plan flooded with natural light. ***2025-2026 improvements include: kitchen appliances, 3-ton,18 seer variable speed A/C, hot water tank, kitchen appliances, patio rescreened, Wi-Fi garage door opener, and interior freshly repainted. Additionally there is updated LVP flooring throughout the home.*** The beautifully appointed kitchen is a chef's dream, boasting brand new 2025 appliances, granite countertops, abundant cabinetry, and generous counter space ideal for both everyday living and effortless entertaining. The Kinetico water filtration system and bonus garage refrigerator each conveys with the home. One of this home's most exceptional features is its three generously sized primary-style bedrooms, each complete with a spacious walk-in closet with custom built-ins and a private en-suite bath. The downstairs bedroom opens to its own covered patio, making it perfect as a guest retreat, home office, or den. Upstairs, one bedroom features a charming private balcony overlooking a picturesque pond, while the other bedroom offers a cozy nook ideal for a desk or lounge area. This bedroom is spacious enough to serve as your "beach house bunk room". A conveniently located upstairs laundry room includes a utility sink and extra cabinetry for added storage. From the family room, step outside to your expansive screened lanai with retractable canopy awning, your private and personal oasis for year-round Florida living. The oversized two-car garage offers room for a golf cart, beach gear, and sports equipment. Additional highlights include a built-in central vacuum system and a large under-stair storage room. Living in Village Walk means every day feels like a vacation. The stunning waterfront Town Center serves as the community's social hub, complete with a café, salon, post office, gas station, gift shop, and tiki bar. Residents enjoy a geothermal heated lagoon pool and lap pool, six Har-Tru lighted tennis courts, pickleball, bocce, basketball, and a state-of-the-art fitness center. Miles of scenic walking and biking trails wind through over 500 acres of beautifully manicured preserve, birds and wildlife are part of the lifestyle, and a full calendar of clubs and activities ensures there's always something to look forward to — for every age and interest. The location is simply unbeatable — minutes from top-rated schools, the Legacy Trail, Siesta Key and area beaches, Costco, premier shopping and dining, golf courses, parks, and Sarasota's vibrant arts and cultural scene. This is more than a home — it's your best Florida life, waiting to begin. Schedule your private showing today! ***And please ask about the assumable mortgage at 2.75% interest rate. Qualified buyers may have the opportunity to take over the seller's existing loan.***
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.
