101 SE 44th Ter, Cape Coral, FL 33904
4 beds · 2 baths · 1,980 sqft
REMARKABLE OPPORTUNITY! SELLERS ARE HIGHLY MOTIVATED and need to relocate—BRING US YOUR OFFERS! SCHEDULE YOUR SHOWING TODAY and LET'S MAKE A DEAL HAPPEN! Move-In-Ready! Comparable To New Construction! NOW OFFERED at $384,900, this 2021-built ranch-style 4 BED | 2 BATH | 2 Car Garage split-level home in desirable SE Cape Coral is an INCREDIBLE OPPORTUNITY! New HVAC 2024 ($15K) With Transferrable Warranty! The Minute You Enter You Will Be Captured By This Tastefully Designed & Light Filled Open-Concept Floorplan, Just Shy Of 2000 SQFT. Perfect For Entertaining & Everyday Living! 9.5’Ceilings, Neutral Color Palette And Wide Plank LVP Flooring Throughout! You Will Love The Flow Of The Large Eat-In-Kitchen With Premium Level Upgrades & Finishes Incl. 42” Upper White Shaker Style Wood Cabinets With Crown Molding, Gorgeous Quartz Countertops, Custom Backsplash, Large Undermount Kitchen Sink, Upgraded SS Appliances, USB Outlet And Two Pantries Incl. One Spacious Walk-In-Pantry! Adjacent Laundry Room-Washer & Dryer Included! Additional Large Separate Flex Space/Dining/Future Office! Secluded Primary Suite With Ensuite Bath Featuring A Custom Walk-In-Closet, Sizeable Step-In Shower, Separate Tub, Dual Sinks And Quartz Countertops! All Three Additional Bedrooms Are Spacious And Share A Large Bath With A Shower/Tub Combo And Quartz Countertops! Additional Upgrades Incl. LED Flush Mount Lighting, Ceiling Fans & Double-Pane Low-E Vinyl Windows! Well-Appointed Outdoor Living Space With Plenty Of Room For A Pool, Sprinkler System, Spacious Covered Outdoor Patio, Custom Planters And Playset ($2K Value)! City Water & Assessments Paid!Minutes Away From Downtown Cape Coral, Easy Access To Fort Myers Via Both Bridges, And Near Many Of Cape Coral’s Newest Development And Community Projects Like The Yacht Club, Bimini Square, The Cove And Plenty Of Restaurants!
Source: NABOR #225001648
Financials
Source: NABOR #225001648
Source: Public records
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%. 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.
Other resourcesWhat 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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.