1460 3rd Ave, Deland, FL 32724
3 beds · 2 baths · 1,434 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. **Charming 3-Bedroom Home on an Oversized Lot in DeLand!** Assumable Loan Rate to the buyer 2.75 Discover this beautifully single-story home featuring 3 bedrooms and 2 bathrooms, situated on a generously sized, fenced lot. Located just 10 minutes from the vibrant Downtown DeLand, this home offers the perfect balance of tranquility and convenience. Property Highlights: Interior Features: Granite countertops, stainless steel appliances, and brand-new flooring throughout. Upgrades: Recently installed light fixtures, a new fence. **Prime Location: ** - Close to the natural beauty of Blue Springs State Park and De Leon Springs, offering year-round outdoor activities. - Convenient access to Highway 92 for a quick 30-minute drive to Daytona Beach and other nearby attractions. Rich History: - Known as the "Athens of Florida," DeLand is celebrated for its historic charm and cultural significance. - The city was founded in 1876 by Henry Addison DeLand and is home to Florida’s oldest private college, Stetson University. Vibrant Downtown: - DeLand boasts a beautifully preserved downtown area, recognized as a Main Street America community. It's filled with unique shops, art galleries, and award-winning restaurants. - Downtown hosts popular events like the DeLand Art Festival and various parades throughout the year. - The St. Johns River, a prime location for boating and fishing, is just minutes away. Proximity to Nature: - Nature lovers will enjoy easy access to Blue Spring State Park, a designated manatee refuge offering swimming, kayaking, and hiking trails. 4. Location Benefits: - DeLand is conveniently situated about halfway between Orlando and Daytona Beach, offering a small-town feel with access to big-city amenities and beaches. - The city is approximately 25 miles from Daytona International Speedway and about 45 minutes from Orlando's world-renowned attractions. Cultural and Recreational Activities: - Home to the DeLand Museum of Art and the Athens Theatre, offering a variety of artistic and cultural experiences. - The city is bicycle-friendly, with scenic trails such as the Spring-to-Spring Trail nearby. Community Appeal: - DeLand is frequently ranked as one of the best small towns in Florida, offering a strong sense of community and an inviting atmosphere. NO HOA! NO CDD! Schedules your showing today
Source: STELLAR #O6257483
Source: STELLAR #O6257483
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.