1055 TIFFORD LN, Osteen, FL 32764
Welcome to your dream retreat nestled along the picturesque St. Johns River in Osteen, FL. This expansive 9.8-acre property offers a unique blend of natural beauty, modern amenities, and endless possibilities. As you enter the property, a stunning oak tree-lined driveway welcomes you, leading you to the centerpiece of this estate—a charming 1-bedroom, 1-bathroom bardominium. The front half of the property is high and dry and ready for you to build your DREAM HOME like many others in the neighborhood have done. If not, this area features multiple irrigation wells, perfect for those with a green thumb or a vision for agricultural ventures. Once you pull up to the home you'll notice the downstairs of the barndominium is a fantastic climate-controlled 3-car workshop below. This is the ultimate space for storing your boats, side-by-sides, 4-wheelers, or any other toy - this workshop is a hobbyist’s paradise. Upstairs, you'll find a gourmet kitchen, wood floors, a spacious living area, and a large screened-in porch with a grilling station—ideal for enjoying the tranquil surroundings. An elevator provides easy access to this upper level, making it both convenient and accessible.But the magic doesn’t stop at the home itself, this property is only getting started! A private road winds its way to a large clearing at the river’s edge, where you can park an RV, gather around a bonfire, or simply take in the breathtaking views. This road is grandfathered in, providing exclusive access to a part of the property where no further development is allowed—a truly rare asset. The recently redone dock offers direct access to the river, perfect for fishing, boating, or simply relaxing by the water. The property also boasts two versatile sheds, both equipped with electricity and water. Whether you envision Airbnb rentals, guest houses, man caves, or garden shops, the possibilities are endless. Additionally, an RV station with power, sewer, and water hookups is conveniently located near the main home. Sustainability is a key feature of this property, with the home powered entirely by solar energy. A fenced garden with multiple raised beds offers a great space for growing your own produce. Included with the property are several essential tools and toys: a lawnmower, weed whacker, side-by-side vehicle, and golf cart—all ready to help you maintain and enjoy your new oasis. This riverside paradise offers the perfect blend of seclusion, adventure, and comfort. Don't miss your chance to own a piece of Florida’s natural beauty with endless potential. Schedule your private tour today!
You may be able to put down less than the total down payment amount of $221,896 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #o6234330
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.