1626 Hawksbill St NW, Palm Bay, FL 32907
3 beds · 2 baths · 1,864 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. MULTIPLE OFFERS!!! Highest and best due by 4-24-2025. Charming 3-bedroom 2-bathroom 2 car garage home in the heart of Palm Bay. NEW ROOF DEC 2024, offering peace of mind and long-term value from the moment you step inside. Spacious with high ceilings and lovely architectural details, this residence creates an open and inviting atmosphere that’s perfect for both relaxation and entertaining. The bright and spacious living areas flow seamlessly into the well-equipped kitchen, making it the ideal space for meal preparation and family gatherings. The master suite serves as a private retreat with an ensuite bathroom for added convenience. The two additional bedrooms are generously sized and share a beautifully appointed full bathroom. Step outside to a large, fully fenced backyard, providing ample space for outdoor activities, gardening, or enjoying the Florida sunshine in complete privacy. The screened-in lanai is the perfect spot to unwind, dine, or entertain guests while enjoying the fresh air. This home is situated in a peaceful neighborhood, yet remains close to shopping, dining, entertainment, and major highways, making it easy to access all the area has to offer. With nearby parks, schools, and recreational options, this home is ideally located for both convenience and a fulfilling lifestyle. Whether you're a first-time homebuyer or looking for a move-in ready property, 1626 NW Hawksbill offers the perfect blend of beautiful design, ample space and a fantastic location. Don’t miss your chance to see this home in person – it’s truly a must-see!
Source: STELLAR #TB8370889
Source: STELLAR #TB8370889
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.