1107 N Valencia Ave, Howey In The Hills, FL 34737
3 beds · 2 baths · 1,856 sqft
NO HOA, Water Access to the Harris Chain of Lakes. Boating and fishing enthusiasts welcome! Pool home nestled amongst beautiful majestic trees in the heart of Howey In The Hills, a waterfront community, paradise found. Tons of pride of ownership is shown in this home and throughout this neighborhood. Very private and secluded location, home is located in a Cull De Sac. Home has been renovated recently, new bathrooms, updated kitchen, granite counter tops, upgraded stainless steel appliances. New roof, newer AC. Wood burning fireplace in Living Room. This home features an in ground pool that is currently being refurbished, to be completed by end of December if not sooner. The neighborhood offers access to Lake Harris, a boat launch ramp, lots of fishing piers, waterfront parks and lakefront walking trails. A Nature preserve and a whole lot more! There is even access to Golfing at Nationally Acclaimed Mission Inn Resort which has two 18 hole championship Golf Courses. Close to Shops and 3.5 miles from Turnpike. New shopping areas close by too, with restaurants and grocery stores. This home is a Must See!! you will not want to leave. Possibility of Lease option.
Source: STELLAR #g5089839
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5089839
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: #g5089839
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.