1123 OAKLAND HILLS AVE, Middleburg, FL 32068
PRICE IMPROVEMENT!!! Eagle Landing? End of a cul-de-sac? Swim Spa? Outdoor Kitchen? Look no further! This house has it all. Built in 2021, this stunning 4-bedroom, 3.5-bathroom home in the prestigious Eagle Landing subdivision offers the perfect blend of modern convenience, luxury living, and smart technology. Situated at the end of a tranquil cul-de-sac, this property boasts a thoughtful layout and high-end features, making it an ideal choice for discerning buyers. The spacious master bedroom is conveniently located on the first floor, providing a private retreat with ample space and comfort. Three additional bedrooms are situated upstairs, including a custom-built bedroom with its own private bathroomâ€''perfect for guests or family members seeking extra privacy. The heart of the home, the kitchen, is equipped with newer appliances, including a double oven, brand new refrigerator, dishwasher, microwave, and a sleek flat top stove. It's a chef's dream come true! The home is also equipped with a tech package that includes ceiling speakers and projector plug-ins in the loft, enhancing your entertainment experience. The garage is pre-wired for an EV charger, providing convenience for electric vehicle owners. Additionally, the home features a dedicated laundry room complete with a utility sink. Step outside through panoramic sliding glass doors to an oversized yard designed for relaxation and entertainment. The swim spa offers the unique ambiance of a swim in both cold and hot water, complete with jets and lights. Plus, it comes with a transferrable lifetime warranty. The outdoor kitchen is perfect for hosting gatherings, and the large, fenced-in backyard provides plenty of space for entertaining. With no neighbors on one side, the home is adjacent to beautiful preserves, offering a sense of tranquility and privacy. Living in the Eagle Landing subdivision means enjoying resort-style amenities such as an 18-hole golf course, an athletic center, 12 tennis courts, and 4 pools, among other luxurious features. This exceptional property is not just a house but a lifestyle. Don't miss the opportunity to make this your new home.
You may be able to put down less than the total down payment amount of $268,132 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: #2042645
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