14756 Ponce De Leon Trl, Port Charlotte, FL 33981
3 beds · 3 baths · 1,849 sqft
UNEXPECTEDLY BACK ON MARKET, BUYER WITHDREW FOR PERSONAL REASONS, NO ISSUES WITH THE PROPERTY. CANNOT BUILD NEW HOME WITH POOL FOR THIS PRICE! Almost new 3 bed, 3 bath PLUS pool home on oversized lot, located in Harbor West, gated community in Port Charlotte/South Gulf Cove area. Popular Lennar Venice floorplan, built in 2021, with impact glass in windows/sliders means lower insurance and less maintenance costs.<br> <br>Open and flexible floorplan with 3 beds, 3 full baths and lots of storage! Spacious bedrooms with master suite including two walk-in closets, dual sinks in bathroom and oversized walk-in shower. Granite in kitchen and both bathrooms. Stainless appliances in kitchen, which features large island overlooking dining room and family room, perfect for entertaining. Corner pantry and white cabinets provide plenty of storage. No carpet, oversized diagonal tile throughout home. <br> <br>One of the largest lots in community with water view at front and back of home. Enjoy morning sunrise from covered porch or sunsets from lanai! Pool area features pavers, spa integrated into pool and cage was replaced after Hurricane Ian with full 3-side panoramic screens, to make the most of water views. Minimal damage from Hurricane Ian, repairs completed. Seller has transferrable Flood Policy, below $1K.<br> <br> VA BUYERS! Seller's loan is assumable with low interest rate, below 2.5%!<br> <br> Discover Harbor West, newer gated community within South Gulf Cove. Small, friendly community with some homes on boatable water, all homes overlooking lake or canal and community mailbox area to meet your neighbors. 2 access gates provide easy access for residents. Beautiful homes with tile roofs, landscaping and low HOA fee which includes lawn maintenance.<br> <br>Close proximity to Englewood, Boca Grande, Port Charlotte and North Port with Wellen Park dining and activities including Braves Spring Training. Beaches at Englewood, Manasota Key and Boca Grande are all in easy reach along with restaurants, shopping, cycle trails and multiple golf courses including Rotonda West Country Club with 99 holes of golf. This is one of the best kept secrets - fast growing area which still retains small town charm.
Source: STELLAR #D6134388
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: STELLAR #D6134388
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “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.
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 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 of Equal Opportunity Act.