1238 RAMSDEL ST, Port Charlotte, FL 33952
FURNISHED 3 Bedroom, 2 Bathroom home with attached 1 Car Garage. Located in a quiet Port Charlotte neighborhood with mature native trees yet only 5 minutes to all amenities. NO HOA and NOT in a flood zone. This light and bright home offers a Living Room, Dining Room, well equipped Kitchen, Inside Laundry closet and screened Lanai. The Kitchen is spacious and features great cabinet space , dishwasher, refrigerator, oven/range, microwave. The Laundry closet has a washer, dryer and cabinet. The Master bedroom has a double closet and private bathroom with walk in shower. There are two additional generous sized bedrooms with double closets and the guest bathroom has a walk in shower. Your living space extends to the screened Lanai with covered area, plenty of deck for sunbathing, large heated pool and spa and paver deck. The yard outside of the pool cage is fenced with wood stockade fencing and is very spacious- perfect for your family and pets. Other features include: rain gutters, hurricane shutters, carpet and tile flooring, NEW HWH 2020, NEW Electric Panel 2021, NEW pool heater 2022. Exterior painted JAN 2024....NEW carpet in Living Room, Dining Room and hallway JAN 2024. Underground power lines, county water and septic. This home is 10 minutes to shopping, dining, medical care, waterfront parks, Charlotte Sports Park (spring training home for the Tampa Bay Rays) and is an easy drive to world class fishing on Boca Grande and gorgeous Gulf beaches in Englewood, Manasota Key and Venice. This home is perfect for a family or those expecting lots of winter visitors!
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: #c7487918