1625 MEADOWVILLE RD, Pierson, FL 32180
One or more photo(s) has been virtually staged. New Price Improvement, don’t wait! Welcome to your dream home nestled on 6.58 acres of blissful countryside! This immaculate property offers a perfect blend of luxury, comfort, and sustainability. Boasting a thoughtful split floor plan, this 4-bedroom, 2-bathroom residence provides ample space for both privacy and togetherness. As you enter, you'll be greeted by the charm of a front screened porch, inviting you to relax and enjoy the scenic views. Step inside to discover a gourmet kitchen, complemented by eat-in space, ideal for morning coffee or casual dining. The MASTER SUITE is a haven of tranquility, featuring a spacious walk-in closet, jacuzzi tub, and shower for indulgent relaxation after a long day. With three additional bedrooms, everyone in the family can enjoy their own private retreat. Embrace the convenience of indoor laundry facilities, ensuring chores are a breeze. Plus, with a 2-car garage and carport, there's ample space for your vehicles and outdoor equipment. Experience the freedom of sustainable living with PAID-OFF solar panels and a generator, providing both eco-friendly energy solutions and peace of mind during any weather conditions. Step outside to your expansive backyard oasis, complete with a large wood deck and a rejuvenating hot tub, perfect for hosting gatherings or simply unwinding in nature's embrace. Don't miss the opportunity to make this stunning property your own. Schedule a viewing today!
You may be able to put down less than the total down payment amount of $366,235 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
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: #v4936123