15120 SPANISH POINT DR, Port Charlotte, FL 33981
MOTIVATED SELLER offering a LOW INTEREST RATE ASSUMABLE VA MORTGAGE. Welcome to your waterfront paradise in the beautiful Harbor West of Port Charlotte! This stunning home on a sailboat lot offers the perfect combination of coastal living, just a few minutes from the Gulf. This home is nestled on a sailboat lot, this property is a boater's dream come true. As you step inside, you'll be greeted by a bright, open floor plan that seamlessly blends indoor and outdoor living. Large windows and sliding glass doors showcase breathtaking water views, filling the home with abundant natural light. Neutral colors create an inviting atmosphere throughout. The well-appointed kitchen is a chef's delight. It has modern appliances, ample cabinetry, and a convenient breakfast bar. It's the perfect space to prepare delicious meals while enjoying breathtaking water views. This SMART HOME lets you program appliances remotely, which is great when you're away from home. Other features are four generously sized bedrooms, each thoughtfully designed to provide comfort and privacy. The owner's suite is a true retreat, offering a private oasis with direct access to the outdoor patio. The owner's suite bath has a garden tub, walk-in shower, double sinks, and a large window for tons of natural light. Step outside onto the expansive screened lanai, where you can wake up to stunning sunrises and relish in the tranquil waterfront ambiance. You can also relax, entertain, and soak up the Florida sunshine. Every outdoor moment is a true delight whether you're enjoying a coffee, hosting a barbecue, watching boats sail by, or simply lounging by the sparkling heated pool/spa. One of the most enticing features of this property is its sailboat water access. Boating enthusiasts will appreciate the private dock extra steps for easy access and boat cleaning. Explore the pristine waterways and access to the Gulf of Mexico. Imagine spending your days cruising along the water, fishing, or indulging in various water sports. Located in the desirable and gated community of Harbor West in South Gulf Cove, you'll have convenient access to a wide array of shopping centers, restaurants, golf courses, and beautiful beaches. With its idyllic waterfront location, a 4-minute ride from the lock, this property offers relaxation, recreation, and convenience. Don't miss out on the opportunity to own this exceptional home. Schedule your private showing today and start living the waterfront lifestyle you've always dreamed of! This home will not last long!
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: #d6135641
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.