108 Tulip Ln, Kissimmee, FL 34759
4 beds · 2 baths · 1,608 sqft sqft
Welcome to 108 Tulip Lane, Kissimmee, FL 34747, located in the desirable community of Poinciana. This spacious 4-bedroom, 2-bathroom home offers incredible potential and is ready for your personal touch. With a motivated seller, this property presents a fantastic opportunity for buyers looking to create their dream home. As you step inside, you'll find a welcoming foyer that leads into a generously sized living area. The open layout provides a versatile space for both entertaining and everyday living. The kitchen is equipped with essential appliances and offers ample room for customization, making it a perfect canvas for your culinary visions. The owner's suite serves as a peaceful retreat, featuring an en-suite bathroom with dual sinks and a stand-in shower. Three additional bedrooms provide plenty of space for family members, guests, or a home office. The second bathroom includes a single sink and a tub-shower combo, catering to the needs of the household. The property's outdoor space is a blank slate with a large backyard, ideal for creating your private oasis. Whether you envision a garden, a play area, or an outdoor entertaining space, this yard offers endless possibilities. Living in Poinciana comes with access to a variety of community amenities. Poinciana Community Park nearby features a dog park, playground, walking and hiking trails, a baseball field, and basketball courts, offering numerous recreational options. Additionally, residents can choose to access the community pool and gym for an extra fee. Don't miss out on this unique opportunity to transform 108 Tulip Lane into your perfect home. With a motivated seller and a home full of potential, now is the time to act. Schedule your showing today and start envisioning the possibilities!
Source: STELLAR #o6212757
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6212757
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: #o6212757
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.