1250 Pecan St, Kissimmee, FL 34744
3 beds · 2 baths · 1,863 sqft
Very nice home off the beaten path, but close to everything. There is no HOA here and taxes are low. This well-cared-for home is tucked away in the hidden subdivision of Moss Oaks. There is easy-maintenance ceramic tile flooring throughout, and the interior has been freshly painted. Upon entering the home, see the formal living room to your right. If you need an office at the the front of the house, this room is perfect. Further on, the view opens up to the heart of the home, an open floor plan with dining room, kitchen and family room. All kitchen appliances will stay, including the washer and dryer, which are in the laundry area in the oversized 2-car garage. The primary suite has a large bedroom, walk-in closet, and private bath, which has a large and convenient step-in shower. The two remaining bedrooms share the second full bath. Bedroom 2 has a ton of storage in the double closet that runs the length of the room. The back porch is screened, with ceiling fans, to enjoy the Florida weather in all seasons, with view of the spacious back yard, and Fish Lake in the distance, very relaxing after a long day. The roof was replaced in 2023, and the home generator will stay. The home is on well and septic, to save you money on the water bill. The electric bill averages about $180, due to the majestic oak trees. There is a mango and an avocado tree out front. You will love coming home to this peaceful haven. There is close access to two FL turnpike exits, so you have easy access to Orlando, the theme parks, and Orlando Int'l Airport. A short drive to the east brings you to Cocoa Beach and the Atlantic Ocean, go west to Tampa/St. Pete and the Gulf of Mexico, south to Miami and Key West. Live the Florida lifestyle, right here in the heart of Central Florida.
Source: STELLAR #s5107346
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5107346
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: #s5107346
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