108 HARRY RD, Deland, FL 32724
Price Improvement!! Priced to sell!! Seller may consider concessions if made in an offer. Located in Victoria Oaks. Discover this immaculate 3-year-New home with 5 bedrooms and 3 bathrooms at 108 Harry Road, offering a perfect blend of comfort and elegance. Air conditioning unit, water heater, and roof all at 3 years old. Nestled in a serene neighborhood, this property boasts spacious living areas filled with natural light. As you walk into this spacious home, there is one bedroom and full bath are downstairs which would be perfect for guests! Bright modern kitchen has light gray cabinets with plenty of storage and granite countertops plus a large island perfect for entertaining! The kitchen overlooks the great room that features the family room and dining room. Loft upstairs can be easily be turned into an office or playroom! Master bedroom is upstairs and the ensuite has double sinks and granite countertops! The backyard is completely FENCED IN and water softener installed! With a bonus of PAVERS in the backyard, FRENCH DOORS, and a glass exterior front door. You will also have peace of mind for your family with the installed video cameras that will convey with the home! HOA amenities: community pool, fitness center, playground, volleyball court, walking trails PLUS covers internet AND cable TV! Don't miss the opportunity to make 108 Harry Road your new haven. TV’s are negotiable to sale with house! Fridge located in garage will convey, fridge in located in the kitchen will not convey.
You may be able to put down less than the total down payment amount of $161,011 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: #o6228891