1416 Inverness St, Port Charlotte, FL 33952
3 beds · 2 baths · 1,625 sqft sqft
Welcome to 1416 Inverness St, Port Charlotte, FL 33952— this stunning home that combines modern amenities with eco-friendly features! This beautiful property boasts included solar panels that are completely paid off, providing you with significant energy savings and a sustainable lifestyle. Enjoy the benefits of reduced utility bills and a lower carbon footprint, all while residing in a home that maintains the highest standards of luxury and comfort.. This charming home situated on a double lot invites you in with its beautifully manicured lawn and eye-catching curb appeal. Step inside to discover an open floor plan, flooded with natural light, creating a warm and welcoming ambiance. The spacious living area seamlessly flows into a modern kitchen, complete with sleek countertops, stainless steel appliances, and ample cabinet space. The master suite provides a serene retreat with its generous size, walk-in closet, and a private en suite bathroom featuring elegant fixtures. Additional bedrooms are equally spacious, offering versatility for family, guests, or a home office. Outside, enjoy your refreshing "spool" which is the perfect combination of a spa and pool! The backyard is an oasis of tranquility, perfect for relaxing or entertaining, with a screened patio and plenty of space for outdoor activities. Located in a sought-after neighborhood, this home is just minutes away from local amenities, schools, and parks, providing convenience and a vibrant community atmosphere. Don’t miss your chance to experience this delightful home firsthand. Schedule your showing today and make 1416 Inverness St your new address!
Source: STELLAR #c7495502
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7495502
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: #c7495502
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.