1502 Corvair Ave, Sebring, FL 33872
2 beds · 2 baths · 1,642 sqft sqft
Welcome to 1502 Corvair Ave in the heart of Sebring, FL! This charming 2-bedroom, 2-bathroom, with flex room, is nestled on a spacious corner lot, offering an expansive backyard perfect for outdoor activities and gardening. The 2 car garage will help with abundant storage and the convenience of secure parking. The property boasts a freshly painted interior, so each room flows into the next. The clean color provides a bright and welcoming ambiance throughout the entire living space. Both bedrooms feature brand new carpeting, adding a cozy touch underfoot. The home is illuminated with new light fixtures in the hallway areas and the primary bedroom, creating an updated and modern vibe. The kitchen appliances are stainless steal and approximately 5 years old. The guest bathroom not only has a new shower faucet but the toilet is new and more efficient than ever. The exterior of the home has been pressure washed to include the driveway and sidewalk entry, giving the home excellent curb appeal, complemented by fresh landscaping that enhances its natural beauty. The entire exterior has also been freshly painted, this new color pallet with dark trim is what is trending in all the modern homes right now. ROOF replaced in 2018, HVAC UNIT replaced in 2017. This home is conveniently located near the historic downtown area, "The Circle", a charming hub of unique shops, eateries, and local businesses. The area boasts "Lake Life" with just a short drive to the local boat ramp, and you will be enjoying the lake life as well. Sebring regularly hosts community events and festivals such as the Sebring Soda Festival, 12 Hours of Sebring race, and the Highlands County Fair, adding vibrancy to the community life. Compared to many parts of Florida, Sebring offers a lower cost of living, including affordable housing options without sacrificing quality of life. While maintaining a serene, small-town feel, Sebring is conveniently located within reasonable driving distance to larger cities such as Orlando and Tampa, offering additional amenities and attractions. This delightful home is move-in ready, it has been professionally cleaned and pre-inspected. Just waiting on its new owners. Don't miss the opportunity to make this well-maintained property your new haven!
Source: STELLAR #a4623647
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4623647
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: #a4623647
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.