120 Bauer Cir, Daytona Beach, FL 32124
2 beds · 2 baths · 1,335 sqft
Get ready to fall in love with this impeccably maintained 2-bedroom, 2-bath lakefront villa nestled between mature trees and a gorgeous nature filled lake in the LPGA community. This gem features serenity at its finest, peaceful, serene Imagine starting your day sipping coffee on your screened-in lanai with soaring ceilings while soaking up the tranquil lake views. It's pure bliss! Not to mention those sunsets, oh my are they gorgeous! Inside the meticulous home you’ll find a spacious layout, very high ceilings that lead all the way to the patio. The kitchen flows seamlessly into the dining/living room area, creating an ideal setting for entertaining and the gorgeous lake view from inside or simply enjoying life's quiet moments. The master suite is your private sanctuary, complete with his and hers vanity and a walk-in shower designed to wash away the stresses of the day. Enjoy an oversized walk in closet and a large suite that is spacious enough for a king size bedroom set and furniture. The tray ceilings add an extra level of height and openness to this space. The garage floor has been sealed and has an epoxy finish and has only been parked on a handful of times. So it’s virtually spotless and new. This home has been lovingly cared for and barely used. The roof and AC have recently been replaced in and the exterior and interior painted. You’ll see when you walk in just how lovely it feels in this home. And let’s talk about location! You're just a stone’s throw away from sandy beaches , top-notch shopping experiences, delectable dining, and so much more. Plus, within this vibrant LPGA Golf Course Community awaits a pool, exercise room , and golfing opportunities galore with membership. Don't miss out on making this slice of paradise your own. It’s easy to show and easier to fall in love with! Your dream home awaits... but not for long!
Source: STELLAR #fc301111
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #fc301111
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: #fc301111
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.