126 Venice East Blvd, Venice, FL 34293
2 beds · 2 baths · 1,438 sqft sqft
This 2 Bedroom, 2 Bath + Air-Conditioned BONUS Room POOL HOME Overlooking the VENICE EAST GOLF COURSE is Priced to Sell! UPDATED with a NEWER ROOF (2016), POOL (2013), NEW OAK WOOD FLOORING AND CERAMIC TILE (2023) this Charmer Offers the Savy Buyer an Opportunity to Put Their Personal Touch on this Hidden Gem. REPLUMBED in 2006 with PEX System, this Home has a NEWER A/C System with ALL NEW DUCT WORK (2016) and BOTH Bathrooms Have Been UPDATED with Newer Tile, Cabinetry and Glass Shower Doors. For Peace of Mind, the Homeowner Installed a HURRICANE SAFE ROOM on the Property Made of STEEL (As Per Owner) on the Side of the Home. A Storage Shed and an Outdoor Shower (AS IS, Needs Repair) are Located Near the Safe Room. This Home is FENCED IN (2 Sides are White Vinyl.) The Wood Fencing on the Left Side of the House is Being Sold "As Is" Per Owner. An OVER-SIZED Laundry Room Leads to the AIR-CONDITIONED Bonus Room, Presently Used as a Small Bedroom, But Could Also be a Home Office. Relax on the Front Screened in Lanai Overlooking the GOLF COURSE, or Retreat to the Rear Screened in Lanai Overlooking the Pool for More Privacy. Plenty Of OUTDOOR SPACE Surrounds the Pool, with Mango and Lemon Trees. There's Even the Possibility of Adding a Garage on this Property. Come Take a Look and Bring Your Inquisitive Mind and Ideas . . . Centrally Located, this Home has So Many Possibilities to Fulfill Your Florida Dreams. Located Minutes from Wellen Park and Close to Historic Venice Island for Shopping, Dining, Outdoor Cafes, Entertainment, and Gulf of Mexico Beaches. Book Your Appointment Today to Experience AFFORDABLE FLORIDA LIVING WITH YOUR OWN PERSONAL POOL!
Source: STELLAR #n6135505
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #n6135505
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: #n6135505