1171 Stockton Dr, Sanford, FL 32771
2 beds · 3 baths · 1,138 sqft
One or more photo(s) has been virtually staged. BACK ON THE MARKET BECAUSE WE MADE SOME GREAT UPDATES FOR YOU! Recent updates include FRESH INTERIOR PAINT (2024), BRAND NEW CARPET (2024), AND A BRAND NEW A/C SYSTEM (2024). We took the home off the market to ensure these improvements were made, so it’s ready for you to move in and enjoy. This beautiful townhome is located in the gated community of Regency Oaks! This 2-bedroom, 2.5-bathroom townhome is where style meets comfort in a thoughtfully laid-out open floor plan. Step out onto your private screened lanai, the perfect spot to enjoy peaceful moments outdoors, whether savoring a morning coffee or relaxing as a storm rolls through. The kitchen, boasting natural light, creates a bright and inviting space to prepare meals. The living and dining area, enhanced with luxury vinyl plank flooring, offers a modern, seamless flow perfect for entertaining. Upstairs, you’ll find two spacious bedrooms with a private en-suite bathroom and ample closet space, offering convenience and privacy. There's no need to haul laundry up and down the stairs, as there’s an upstairs laundry area! You’ll also enjoy the convenience of an assigned parking space and high-speed fiber internet. This townhome offers low-maintenance living with HOA fees covering water, sewer, trash, pest control, and community upkeep. Located just minutes from the vibrant Historic Downtown Sanford, shopping, dining, and easy access to major highways, this home provides the perfect blend of tranquility and convenience. Don’t miss the chance to make this stunning townhome yours—schedule your private tour today!
Source: STELLAR #o6251570
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6251570
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: #o6251570
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.