1250 Pecan St
Kissimmee, FL 34744
3 beds · 2 baths · 1,863 sqft
$369,900
Get prequalifiedAbout this home
Discover this gorgeous and well-maintained 3-bedroom, 2-bathroom home, offering breathtaking views of Fish Lake. This beautifully designed block home is move-in ready, featuring a new roof installed in July 2023, a 2017 Trane AC unit with UV lights to prevent mold and mildew, and a hot water heater replaced in 2015. The septic tank was cleaned and inspected in 2023, ensuring peace of mind for years to come. Nestled among majestic oak trees, this home enjoys ample shade, helping to reduce energy costs while enhancing its serene setting. Inside, you'll find brand-new appliances and a newer washer and dryer, both of which convey with the home. Two spacious walk-in closets and additional storage throughout provide plenty of room for organization and convenience. The home boasts an oversized garage, complete with shelving and a utility sink, offering plenty of workspace and storage. Additionally, a shed is included, providing extra storage for tools and equipment. The property is partially fenced, adding privacy and versatility to the outdoor space. The expansive patio is the perfect place to relax or entertain, all while taking in the peaceful and scenic views of Fish Lake. The extended driveway wraps around the home, providing ample parking, making it ideal for guests or multiple vehicles. This home is conveniently located between two Turnpike exits, making commuting a breeze. It is just minutes from shopping centers, across the street from the sheriff’s department, and within a mile of the hospital. Best of all, there is NO HOA!!! This is a rare opportunity to own a stunning lakeside retreat with modern conveniences and an unbeatable location. Schedule your private showing today!
Source: STELLAR #S5120580
Neighborhood
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
