11920 SW 29th Pl, Gainesville, FL 32608
3 beds · 2 baths · 1,705 sqft
Price Improvement, and $5,000 back at closing for closing costs, pre-paids or buydowns. This exquisite Tommy Williams built pool home features 3-bedroom, 2-bathroom with a den/office space and an array of custom features and resort-like amenities, promising an unparalleled lifestyle experience. Crown molding adorns the ceilings, while 8-foot doors create a sense of grandeur throughout the spacious layout. The main living areas feature wood-look ceramic tile floors, offering durability and style. Custom lighting enhances the ambiance, casting a warm glow across the interior. The heart of the home is the gourmet kitchen, complete with stainless steel appliances, a gas stove, and upgraded granite countertops with ceramic tile backsplash. The kitchen cabinets are adorned with crown molding and under-cabinet lighting, providing both functionality and charm. Retreat to the luxurious master suite, where a lighted tray ceiling adds a touch of glamour. The master bath boasts marble-look tile, a double vanity, custom mirrors, a soaker tub, and a separate shower, creating a spa-like oasis for relaxation. Additional features include custom closets in all bedrooms, an upgraded granite countertop and custom mirror in the second bath, and energy-saving solar panels. Step outside to your own private paradise, where sliding doors open to a screened lanai with custom lighting and a spa-like heated pool. The fenced backyard includes a raised bed vegetable garden, perfect for gardening enthusiasts. Experience resort-style living with access to community amenities such as a heated pool, fitness center, clubhouse, tennis, basketball, and volleyball courts, as well as scenic hiking trails in the nearby turtle preserve. With its meticulously landscaped grounds and attention to detail, this home offers the perfect blend of luxury, comfort, and convenience. Don't miss your chance to call this exquisite property your own.
Source: STELLAR #gc521091
Source: STELLAR #gc521091
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: #gc521091
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.