131 Pinewood Dr, Davenport, FL 33896
4 beds · 3 baths · 1,817 sqft sqft
LOCATION! LOCATION! LOCATION! POOL HOME!!!Only minutes from DISNEY WORLD in city of DAVENPORT! This beautiful home is an exquisite four-bedroom home that epitomizes luxury living with its stunning pool and screened patio area which is welcoming you to baste in FLORIDA's sunlight. Nestled within a serene neighborhood, this residence offers an unparalleled blend of elegance and comfort. As you approach the property, the manicured lawn and tasteful landscaping set the tone for the grandeur that lies within. The exterior of the home exudes sophistication, with a traditional architectural design that captivates the eye. Upon entering, you are greeted by an expansive living space adorned with natural light coming from large windows which are creating an atmosphere of airiness and warmth. The living room is thoughtfully designed with plush seating arrangements, providing the perfect setting for both relaxation and entertaining. The kitchen with stainless steel appliances has everything you need to create culinary delight. The adjacent dining area offers a comfortable space to enjoy your morning coffee or just a little snack. This home has a brand new solar panels installed in February 2024. They are transferable to a buyer. All carpets were replaced with a beautiful brand new vinyl floors in 2023. This property is located only minutes from Walt Disney World area, close to Championsgate shopping and restaurants. Also only minutes from Posner Park shopping village with plenty of shopping options like Target, Homegoods, Dick's sports, BJ's, Marshalls, Burlington, Ross, PetSmart, Hobby Lobby, Ulta Beauty and more and dining options like Starbucks, Panera Bread, First Watch, Popeyes Louisiana Kitchen, Dos Panza Taqueria Cantina, Olive Gardens, Ford Garage, LongHorn Steakhouse, Ale House and many more. This home may be used as a primary residence, long term rental investment or short term rental. Please reach out to HOA to verify restrictions.
Source: STELLAR #s5101280
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5101280
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 30-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: #s5101280
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.