1547 SW 161st Pl, Ocala, FL 34473
3 beds · 2 baths · 1,968 sqft sqft
NEED EXTRA STORAGE-PROBLEM SOLVED in this Immaculate “CRESTVIEW” Corner Lot. Beautiful 3 Bedroom / 2 Bath - OPEN FLOOR PLAN in Summerglen 55+ Golf Course Community. Previous Owner modified original builders plan to add 136 sq ft CLIMATE CONTROLLED STORAGE ROOM that is NOT Included in the 1,968 Sq Ft. Now bringing the total Heated Sq Ft to over 2,000 sq ft. This room is Perfect for Storage, Collectibles or Craft Room. This popular OPEN FLOORPLAN allows Functionality & Entertainment. Large Livingroom with a SOLAR TUBE bringing in the Natural Light. The Kitchen has CORIAN COUNTERTOPS, 42'' wood cabinetry, under cabinet lighting, cabinet pullouts & custom backsplash. STAINLESS STEEL APPLIANCES – New Samsung Double Oven Range, Microwave, Dishwasher and LG Refrigerator. INDOOR LAUNDRY with WASHER/DRYER and Bonus Double Storage Closet/Pantry. Wood Laminate & Tile throughout - NO CARPET! Updated LIGHTING. Spacious Master bedroom and en-suite with easy wheelchair accessibility, double doors, Roman Shower, and HIS & HER VANITIES & EACH WITH PRIVATE WALK-IN CLOSETS. Enclosed LANAI features Sliding Glass Windows, Window Treatments, and overlooks Paver Patio & Custom Landscaping. Two Car Garage with Epoxy Floors, Irrigation, and Gutters. Built in 2013 with Energy efficient upgrades: 14.5 Seer A/C, low E windows, R48 attic insulation, natural GAS Water Heater & GAS Central Heat. Living in Summerglen means enjoying lots of amenities, ALL INCLUDED in the low HOA fee of $323.00/month. This includes high-speed INTERNET, CABLE TV, LAWN MAINTENANCE, EDGING, BLOWING, TRASH service, and access to a well-equipped Fitness Center. Additionally, there is Golf, Tennis, Pickleball, Softball, a great Pool, many clubs and activities, and an On-Site Restaurant plus ONSITE secure RV parking. TRULY PICTURE PERFECT FLORIDA LIVING …Call Today for your Private Showing!!
Source: STELLAR #g5089559
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5089559
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: #g5089559
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.