108 Park Dr, Osprey, FL 34229
4 beds · 3 baths · 2,768 sqft
Welcome to your dream home! This oversized pool home is perfectly situated just minutes from the intercoastal, offering quick and easy access to launch your boat or jet ski. With four bedrooms, three bathrooms, and an abundance of space, this property is a rare find. The first floor boasts durable terrazzo flooring throughout, with even more Terrazzos hidden beneath the tiled areas. The expansive, centrally located kitchen is the heart of the home, featuring granite countertops, a massive walk-in pantry, and convenient access to the family room, gathering room, and pool area. It's a perfect setup for entertaining or everyday living. Downstairs, you'll find an oversized bedroom and bath, ideal for guests or multi-generational living. Upstairs, the primary suite offers a spacious retreat with dual sinks and a walk-in shower, along with two additional bedrooms and a shared bathroom. This upstairs addition was added in 2006 and truly brought this home forward to today's family lifestyle. The outdoor space is just as impressive, featuring a lushly landscaped yard, an inviting pool with a lanai, and a chef’s kitchen area designed for grilling and entertaining. With ample parking for guests, storage for work vehicles, and room to spread out, this home offers versatility for any lifestyle. This property is ready for your vision and personal touches. While it does require renovation, including 1st floor flooring, and lower kitchen cabinets, the potential is limitless for the next owner to make it their own. Please note: A 3-day inspection period is required, so complete your due diligence before submitting. In the previous permits' history, you will see how much work as already been completed. Don't miss the opportunity to own a Florida gem with so many possibilities!
Source: STELLAR #n6135654
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #n6135654
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: #n6135654
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.