12029 NE 51ST CIR, Oxford, FL 34484
***MOTIVATED SELLER***BRING ALL OFFERS*** Welcome to Bison Valley, where unparalleled comfort, convenience, and sheer beauty converge in this extraordinary property. Nestled in the picturesque surroundings, this breathtaking home offers a serene retreat while providing golf cart access to The Villages and The Villages Charter Schools. With 3 bedrooms, 2 baths, and over 1900 sqft of living space, this exceptional home exudes elegance and meticulous attention to detail.Built in 2007, this home has been carefully maintained, with a multitude of upgrades for a relaxing lifestyle. As you step inside, prepare to be captivated by the exquisite details and luxurious features that await you. The open floor plan encompasses a spacious Dining Room, Living Room, and Kitchen adorned with volume ceilings and large windows, allowing natural light to bathe the space. The LVP wood floors add a touch of earthy elegance to the ambiance. For additional relaxation, the screened in lanai serves as an inviting overflow room where you can bask in the Florida sunshine. The custom kitchen is a culinary masterpiece, featuring ample cabinetry, tile back splash, stainless steel sink with garbage disposal, deep drawers for pots and pans, and upgraded stainless steel appliances. Crown molding adds a refined touch, but the real highlight is the build in storage unit with an electric fireplace. The master bedroom is a true retreat, offering a large walk-in closet and shelving to satisfy even the most meticulous individuals. The master bathroom indulges you with his and her vanities, a walk-in shower, and a private lavatory, creating a spa-like oasis within your own home. This home is truly move-in ready, with every detail meticulously maintained to ensure a seamless transition. Situated on an highly sought after outside lot, you'll enjoy an amazing buffer in the rear. Picture yourself sipping your morning coffee on the screened-in patio, enveloped by the serenity of nature. Additional highlights include an indoor laundry room for added convenience, a two-car garage providing ample parking and storage space, and beautiful stacked stone landscape beds that add a touch of sophistication to the exterior. Don't miss out on this extraordinary opportunity to embrace a truly exceptional lifestyle in Bison Valley. Schedule a viewing today and prepare to be swept off your feet by the unparalleled comfort, convenience, and sheer beauty of this remarkable home.
You may be able to put down less than the total down payment amount of $240,002 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: #g5082735