1010 Chance Cv, Oviedo, FL 32765
4 beds · 2 baths · 1,780 sqft
Seize the opportunity to own this exquisitely renovated 4-bedroom, 2-bathroom pool home, perfectly situated on nearly half an acre in the sought-after Alafaya Woods community. Nestled on a tranquil cul-de-sac, this stunning property has been meticulously updated with over $200,000 in upgrades, offering a truly move-in-ready experience. Step inside to discover a thoughtfully designed open and split floor plan, accentuated by soaring vaulted ceilings and stylish finishes. The home features newer wood-look tile flooring, custom trim, elegant wood accent walls, French doors with in-panel vertical blinds, fresh paint, and upgraded 4-inch baseboards, all contributing to its timeless charm. The heart of the home is the newly renovated kitchen, a chef’s dream with over $25,000 in premium upgrades. This space boasts a generous kitchen island with a farmhouse sink, custom 42-inch shaker-style cabinets with under-cabinet lighting, sleek pendant lights, a breakfast bar, brand-new stainless steel appliances, a dry bar with a wine rack, and a beautifully tiled backsplash. Adjacent to the kitchen, an eat-in dinette area features a custom accent wall, adding a cozy touch to your dining experience. The split bedroom layout ensures privacy and comfort. The spacious master suite impresses with a custom wood-accent wall, a walk-in closet, and a luxurious en-suite bathroom complete with a Jacuzzi tub, dual vanities, and a separate walk-in shower. The three additional bedrooms, located on the opposite side of the home, each include built-in closets, while the fully remodeled second bathroom showcases timeless finishes, including oversized subway tiles, a frameless glass shower, a board-and-batten accent wall, and a chic vanity. For those who love outdoor living, the backyard is a private oasis. Relax under the covered and screened lanai, enjoy the sparkling pool equipped with a 3-year-old energy-efficient variable-speed pump, or unwind on the charming wood deck. The fully fenced yard features ample space, including side yards, a shed, and room to play or garden—all on just under a quarter-acre. This home also boasts numerous modern system upgrades, including a new architectural shingle roof with solar panels (2021), a new HVAC system (2019), upgraded electrical panels (2023), and a hybrid energy-efficient water heater (2021). Located in the desirable city of Oviedo, renowned for its excellent schools and vibrant community, this home is conveniently close to UCF, major highways (417, 408, I-4, and 528), Winter Park, Downtown Orlando, top-notch restaurants, and endless shopping options. Don’t miss the chance to make this exceptional property your new home—schedule a private tour today!
Source: STELLAR #o6263927
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6263927
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.
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.
MLS ID: #o6263927
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.