14298 BEACH HEATHER CT, Pensacola, FL 32507
Discover your dream retreat in this charming three-story townhome in the Lost Key Golf and Beach Club community. This 2-bedroom, 2.5-bathroom property is partially furnished and backs up to protected land, providing serene view. This property offers a cozy living area equipped with all of the modern comforts, including a large TV in the living room to enjoy football games, family movie nights, and more. The well-appointed kitchen invites you to entertain your guests, equipped with stainless steel appliances, great island for entertaining and quartz countertops. The third floor offers your primary bedroom with an ensuite, guest bedroom, bathroom, and your washer and dryer in the hallway, making laundry a breeze. Step onto the balconies to soak up the warm Florida sunshine, enjoy your morning coffee as the sunrises or an afternoon breeze over a nightcap. The spacious garage provides adequate storage for your outdoor toys, and a climate-controlled storage. An upgraded feature to this property is the pavers added to the driveway and ground floor deck in the back providing even transition from driveway to sidewalk. As you prepare to unwind for the day, enjoy a soak in the community hot tub or pool or head over to the Gulf front Beach Club for a dip in the beachfront pool or a stroll on the beach. Enjoy access to various community amenities, including a swimming pool, golf, and tennis courts, which ensure endless entertainment options. Experience the best of Florida living in this beautiful residence - the ideal vacation rental, second home, or primary residence. Experience this great town home where relaxation and recreation await!
You may be able to put down less than the total down payment amount of $204,446 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: #648214
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.