14061 TURNING LEAF DR, Orlando, FL 32828
***SELLERS MOTIVATED***Welcome to your dream home! Nestled in the heart of the serene and sought-after gated community in the East Orlando - Avalon area, this exquisite 3-bedroom, 2.5-bathroom townhouse offers the perfect blend of luxury, comfort, and convenience. This townhouse boasts oversized bedrooms, providing ample space for relaxation and privacy, and elegant porcelain tile flooring throughout the first floor and common areas. The designated home office area is perfect for remote work or study, while the gourmet kitchen, equipped with all appliances and plenty of storage, is ideal for preparing delicious meals. Unwind in your private screened patio, a perfect spot for morning coffee or evening gatherings, and enjoy the additional storage space to keep your home organized and clutter-free. The community amenities include two sparkling pool areas, volleyball, basketball, and tennis courts, a well-appointed clubhouse, beautifully landscaped walking areas, and a safe and fun playground. Located in a tranquil setting, this townhouse offers a peaceful retreat just minutes away from top-rated schools, shopping, dining, and entertainment options. Centrally located with easy access to the 408 and 417, and only 16 miles to downtown Orlando or a short drive to the East Coast beaches and Space Coast. Just minutes to downtown Avalon Park, Waterford Lakes Town Center, and UCF/Research Parkway. Don’t miss this opportunity to own a piece of paradise in one of East Orlando's most desirable communities. Schedule your private tour today and experience the charm and elegance of this exceptional townhouse!
You may be able to put down less than the total down payment amount of $122,753 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6217587