1222 Chipewa Dr, Sebastian, FL 32976
3 beds · 2 baths · sqft
This is a gorgeous one! Built in 2023 the first owner to actually live in the home just moved in early 2024 and lucky for you, he is Mr. Perfection in everything he does as you can see by the photos! Upon arrival please take note of the double driveway and carport providing plenty of parking for your vehicles and golf cart. To the left you will notice double doors that lead to a spacious workshop. Bring ALL the tools and holiday decor because you have plenty of storage room. Back outside take a minute to notice the gorgeous landscaping as you make your way to your elevated, covered deck which is the perfect spot to sit and take in the comings and goings of the Bay. As GORGEOUS as the outside is, the inside is where this home really shines! This is an expertly designed floorplan that maximizes every inch of space. It truly has the feel of a single family home with tall ceilings and wide open spaces that flow effortlessly. As you enter, to your left you will find your laundry room with a utility closet perfect for storing all of those inside cleaning tools. Onto the sleek and modern black and white kitchen with a large center island, built in pantry, stainless farmhouse style sink, all energy star certified appliances and a large breakfast nook area that overlooks the front of the property. This is the perfect for your morning coffee! Then, enjoy breakfast at your breakfast bar that overlooks the large living room. Your primary suite is truly grand with a walk in closet and an ensuite boasting dual sinks, a built in pantry and a glass enclosed shower. The guest bath separates the Primary suit from the two additional guest rooms which are both very spacious. The 3rd room has a built in work station making it the perfect office or hobby room! Home features LVP flooring throughout as well as gorgeous crown molding in every room. The location of the property is tucked in the very back of the main side of the community which is highly desirable to most as it gets very little pass through traffic. Remember, Barefoot Bay is HUGE and the traffic on the main roads can get busy. Call me today to see tour this beautiful home!
Source: BREVARDMLS #1031921
Interest rate and monthly payment estimated based on public records.
Source: BREVARDMLS #1031921
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: #1031921
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