11560 SW 70th Ct, Ocala, FL 34476
2 beds · 2 baths · 1,274 sqft
Looking for a large meticulously fully maintained lot and home near the golf course? This is the home for you! Upon entering, you'll immediately notice the beautifully and meticulously maintained spacious lot and courtyard. This fully maintained lot includes weekly lawn watering, fertilization, lawn mowing, and bush trimming. The property boasts a 2017 roof with plenty of life left and a 2022 HVAC system relocated to the garage for convenience. Additional updates include a newer hot water heater, modern light fixtures throughout most of the house, and an upgraded vanity in the second bathroom. Both bathrooms feature updated mirrors and lighting. The kitchen shines with quartz countertops, a tile backsplash, and newer stainless steel appliances appliances. Tile flooring is present in the kitchen and both bathrooms, while laminate flooring enhances both bedrooms. The master bedroom features an access door that leads directly to a beautiful screened birdcage area which wraps around to the back of the house. This space includes electrical setup for a hot tub with plenty of room to relax. The Whirlpool washer and dryer have been are only 2 years old and look like new. Residents of this community enjoy access to numerous amenities with six pools ( 1 indoor ), 5 Hot tubs - spanning across three different club houses! But it doesn't stop there.. Over a 150 clubs to join, two recently updated workout centers, a sauna, restaurant and a golf course and a Dog Park where your Scooby Doo can make his own friends. This community ensures an active and fulfilling lifestyle. Don't miss the opportunity to make this delightful home yours!
Source: STELLAR #om682413
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om682413
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: #om682413
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.