15195 Ligustrum Ln, Alva, FL 33920
2 beds · 2 baths · sqft sqft
Charming 2 Bedroom + Den Villa in the Fabulous 55+ Community of Cascades at River Hall. This Lakeview Oasis has the perfect blend of comfort, elegance, and serene living in this beautifully maintained, freshly painted inside 2023 and SUPER CLEAN villa. With stunning lake views and a lush preserve backdrop, this home offers a tranquil retreat for those looking to enjoy an active, yet peaceful, lifestyle. Enjoy panoramic lake views from your screened-in lanai, featuring a picture window screen that perfectly frames the natural beauty. This is the ideal spot for morning coffee or evening relaxation. The home is move-in ready, with no detail overlooked; Step into luxury with brand-new vinyl plank flooring in both bedrooms and the den. The rest of the home features tile flooring—no carpet anywhere, making for easy maintenance and a stylish appearance. You will be Storm-Ready and Feel secure with storm shutters installed around all windows, offering peace of mind during Florida’s storm season. Meticulous Maintenance: BRAND NEW WASHER & DRYER (SEPT 2024) The roof and gutters were recently cleaned, ensuring the home is in top condition and ready for its new owner. The spacious den provides the perfect space for a home office, guest room, or hobby area, offering flexibility to suit your lifestyle needs. Active 55+ Community of Cascades is renowned for its vibrant community life, with a host of amenities including a clubhouse, pool, fitness center, sports courts and more. Enjoy the convenience of being close to shopping, dining, and outdoor activities. This villa is a rare find—offering luxury, comfort, and a sense of community all in one. Don’t miss the chance to make this super clean, beautifully updated home yours. Schedule a private showing today!
Source: FORTMYERS #224069281
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224069281
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: #224069281
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.