12013 NW 69TH WAY, Alachua, FL 32615
Welcome to this beautiful 4-bedroom, 2-bathroom Turkey Creek home! With an abundance of natural light and high ceilings throughout, this home creates a warm and inviting atmosphere for the entire family to enjoy. The spacious split floor plan ensures privacy for the primary suite with a walk-in closet with built-ins, and a large bathroom with a spa tub and separate walk-in shower. Enjoy the open-concept design with the kitchen seamlessly flowing into the living room and breakfast nook, creating a central hub for daily activities and entertaining. Imagine preparing delicious meals while enjoying the company of family and friends in this stylish and functional space. Plan to spend cozy evenings enjoying the gas fireplace which can also be viewed from the kitchen. Adjacent to the living room, a sunroom beckons with an expansive view of the beautiful nature that Turkey Creek is known for. The perfect spot to relax and indulge in a good book or a cup of coffee while basking in the natural light. The Turkey Creek neighborhood is gated and offers a community pool, restaurant/clubhouse/bar, pickle ball court, tennis court, playground, batting cage, basketball court, 18 hole golf course and wonderful neighbors! Additional features include a new roof (6/2022) and water heater (2/2024). **Buyer to verify all details.**
You may be able to put down less than the total down payment amount of $47,214 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #gc523190