16300 SE Highway 42, Weirsdale, FL 32195
3 beds · 2 baths · 1,512 sqft sqft
Welcome to this exclusive Hobby Farm nestled on 8.41 Acres! The newly renovated 3 Bed/2 Bath Double Wide Manufactured Home offers a unique blend of comfort and the peaceful beauty of its surroundings. Rejoice in the tranquility of country living without sacrificing convenience. Located just 5 minutes from Lake Weir, Eaton’s Beach, and a short 15-minute drive to Ocala and The Villages. The home is well-protected with a metal roof, ensuring longevity and low maintenance. Open floor plan with split bedrooms, cathedral ceiling, new vinyl plank flooring, inside laundry, great room and formal dining room with bright natural lighting. The well-appointed kitchen boasts; ample cabinetry, island bar counter, and newer appliances. The French doors lead to a large wooden deck and above ground pool perfect to unwind and immerse yourself in scenic views of nature. Perimeter fenced, the outdoor space bolsters a sense of privacy, harmony and sustainability. Escape through the gently rolling hills and discover your very own zip line, duck pond, and fruit garden. Enjoy a bountiful harvest straight from your yard filled with apples, pears, bananas, mulberry, fig, loquat, watermelon, passion fruit, pigeon peas, walnut & pecans, grape vines, cherry, Jamaican strawberry, and shampoo ginger. Exterior features include; a 30x14 prefab shed converted into a guest room plus three utility sheds offering additional storage space. Barn features consist of; a 3-stall pole barn, 12x10 open shed, chicken coop and 6 paddocks. Zoned A-1, this property affords numerous possibilities for personal and agricultural production, cattle or horse farm if desired. This remarkable property isn't just a home; it's a lifestyle. Whether you're seeking serene countryside living, room for your livestock, or versatile acreage, every corner of this homestead invites peace and natural beauty. Schedule your showing today! NO HOA, NO Flood Zone!
Source: STELLAR #om685055
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om685055
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.
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: #om685055