124 Ledbury Dr, Longwood, FL 32779
4 beds · 2 baths · 2,008 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Wonderful Wekiva, one of the most desirable communities in Seminole County. This fantastic established community where families thrive in excellent schools. Family fun within the community includes 7 parks - 25 miles of walking/bike paths, tennis, pickleball, basketball courts, baseball and racquetball facilities. Tree lined streets and the semi-private Wekiva Golf Club winds throughout the community giving residents an abundance of recreational opportunities along with the Wekiva State Park minutes away. Welcome to this meticulously maintained 4 bedroom / 2 bath home - 2008 square feet. Open floorplan - light pours thought the stylish kitchen with plenty of countertops - stainless appliances & farm sink. The breakfast bar opens to the living room featuring a wood burning fireplace with decorative wood accents & plenty of built ins & wood accent walls. Laundry room has plenty of storage and makes a great “mud room/drop zone” from the garage. Easy to care for Pergo flooring in the hallways, dining room, kitchen & laundry room. French doors from the dining room lead to the backyard patio and firepit - relax in your fenced backyard & enjoy an evening with smores! Plenty of room for a pool. Back gate leads directly to the walking trails. All bedrooms are spacious - Hall bath and Primary bath are tastefully updated. Interior and exterior paint has been refreshed with modern colors & interior doors replace. This home has been replumbed, electrical panel is newer along with updated outlets. Water heater is 8 years old - A/C replaced in 2015 and recent updates include A/C ducts completely replaced and A/C evaporated coil recently cleaned & blower wheel replaced & Ionizer added which helps reduce allergens and improves air quality. Updated lighting throughout. This lovely home is move in ready - no wasted space in this efficient floorplan. Convenient shopping is minutes away. Generations return to raise their families in this wonderful Longwood community where the kids can ride their bikes to school and families gather for evening ice cream at the local ice cream shop.
Source: STELLAR #O6294365
Source: STELLAR #O6294365
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.