10 Seven Oaks Pl, Palm Coast, FL 32164
3 beds · 2 baths · 2,084 sqft sqft
BETTER THAN NEW! Built in 2021 and so many upgrades! Prepare to be dazzled from the moment you walk through this stylish pink doorway until you end your tour in the cottage/she-shed/heated and cooled office space in this back yard Oasis! The owner has left no detail behind when it came to upgrading this beautiful 3 bedroom 2 bathroom home. Rest easy with Hurricane impact windows and sliders as well as Hurricane shutters. HVAC, Plumbing and Electrical is all under warranty and transferable through Snyder. All appliance have a two year transferrable warranty left! You immediately walk in and have an entertaining area to your left and a formal dining space to the right that can also be used as an office! Continue to a huge quartz countertop piece that is perfect for entertaining. While you are in the kitchen don't forget to check out a gorgeous walk in pantry that will never leave you feeling like you need more storage. Enjoy a split floor plan with upgraded barn doors in this lavish master bedroom and an en-suite bathroom with a spacious walk in shower! Spend most of your Florida evenings in the enclosed Lanai thats already set up as a perfect sitting area while you grill in the outdoor kitchen! This back yard is an Oasis with a semi-inground pool and built around deck, outdoor shower, ,firepit with pavers and stackstone around the beautiful flowerbeds! You don't want to miss this!
Source: STELLAR #fc304209
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #fc304209
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: #fc304209