143 Eric Dr, Palm Coast, FL 32164
3 beds · 2 baths · 2,107 sqft
Your Florida Dream has come true! This magnificent, 3 bedroom with bonus room that can be used as a 4th bedroom, fully upgraded pool home has Golf Course frontage with NO HOA! New AC in 2024, new roof in 2018, new hot water heater in 2023, pool resurfaced and new pool heater added in 2021 and that just scratches the surface of the upgrades on this one of a kind home! Only minutes to the sparkling Atlantic ocean and Flagler's pristine beaches where you can play all day and live life like you are truly on vacation. The first thing you will notice when you pull in the driveway is the lush landscaping with all new irrigation system and landscape lighting that was installed in 2022. Fresh exterior paint was added in 2021. Next you will notice the newly shark coated driveway and sidewalk, complete with a 50 AMP RV hookup, with sewer drain installed. Then upon walking into the home you will be greeted with a magnificent view of the patio/ pool area via pocket sliding glass doors, brand new, wood grain ceramic tile throughout the whole home, freshly painted interior, soaring ceilings, crown molding, living room built in fireplace with large mounted TV, decorative stained glass and a fully remodeled kitchen complete with hardwood cabinets with under cabinet lighting, upgraded lighting fixtures, and quartz counter tops. The upgrades go on and on... new blinds and window frames were installed in 2022. The primary bedroom is cozy with double tray ceilings, a cozy fireplace with mounted TV, and a newly remodeled (2022) en suite bathroom with jetted tub and large walk in closet. The patio/ pool area is perfect for lounging, dining, and soaking in all of the goodness that Florida weather has to offer. The pool lanai was resurfaced, painted, and shark coated in 2023. The best part is the mature landscaping that makes the back yard look like it came straight out of a fairy tale, and you will never have any homes built behind you due to the immediate golf course frontage! The garage was shark coated in 2022 and comes complete with a partial house generator hook-up already installed to the electric panel! New washer and dryer convey too! This house truly has it all!! Schedule your private showing today!
Source: STELLAR #fc305073
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #fc305073
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: #fc305073
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.