1195 Glen Royal Ter, Deland, FL 32720
3 beds · 2 baths · 2,106 sqft sqft
WELCOME HOME!! One like this does not come available often, so ACT FAST! Country living at it's finest... This stunning ranch-style property sits on 1.25 acres, offering a tranquil country lifestyle just minutes from historic downtown Deland. With 3 great sized bedrooms with a flex/potential fourth bedroom + office, this home provides ample space for your family. Smart home features for you to save, save, save! Split floor plan as you wanted, the master suite is off of the rear right wing. Vinyl floors throughout, great in size, private sliding glass doors and the ensuite master bathroom. Fully renovated with shiplap wall paneling, walk in closet, new vanity, new fixtures and absolutely stunning walk-in shower with glass door. A modern farmhouse, right! Back to the entry takes us to a family room/4th bedroom with an adjacent office as well. The potential here is limitless with what you can do with all of this space. The kitchen/dining combo is perfect for functionality and warmth. Your new kitchen is equipped with stainless steel appliances, solid wood cabinets, tile backsplash, bay window, granite countertops and a GAS RANGE!!! In addition, eat in kitchen space for simple nights or additional guest! Bedrooms 2/3 are generous in size and share the full 2nd bathroom with tub/shower combo. Out to the sliders to the living room/bonus room! Your imagination is meant to be roam in this space... lanai? playroom? home gym.. you decide! Let's get to the good stuff.. step outside to your 1.25 acre paradise. Just about half of the yard is completely fenced for the kiddos, guest or dogs to roam freely and secure! Not to mention the on site sports facilities which include a built-in basketball hoop and batting cage. RV Hookups with water and electric hookup at the wood line, so bring the camper/RV! To take it a step further, an abundance of potential for expansion lies here. Ample room for a custom pool addition plus plenty space for outdoor living/dining and tons of parking for all of the toys or fam/friends! Enjoy the serenity of this private road location while being close to the charm of downtown Deland. This property is perfect for those who love outdoor activities and desire a spacious, comfortable home. Don’t miss out on this unique opportunity to experience country living at its finest! Schedule your tour today!! SELLERS ARE MOTVATED
Source: STELLAR #v4936609
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4936609
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 30-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: #v4936609
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