1651 11th Pl, Vero Beach, FL 32960
2 beds · 2 baths · 1,474 sqft sqft
Welcome to the serene charm of country living in the heart of Vero Beach! This delightful home offers a perfect blend of modern comfort and rustic elegance. Home Features 2 bedrooms, 2 baths, a Gorgeous Sunroom and a Bonus Room that could be a great Office, Playroom, Gym, etc.! Step inside to discover beautiful tile floors that lead you to a spacious master bedroom boasting a stunning updated bathroom suite, providing a luxurious retreat after a long day. Relax and unwind in the enclosed sunroom, offering picturesque views of the landscaped yard and neighboring horse farm, where gentle breezes sweep through, creating an idyllic atmosphere for relaxation. Step outside to your covered front porch, where you can sip your morning coffee or enjoy the evening sunset in tranquility. Enjoy no HOA restrictions, so bring your boats and RVs, as ample space welcomes your recreational vehicles on your oversized lot. Conveniently located within walking distance to schools and grocery stores, and just minutes away from the breathtaking beaches of Vero Beach, this home offers the perfect combination of convenience and rural charm. Experience the best of both worlds in this inviting haven. Buyer to verify all property details including utilities. Call to schedule your showing today! Ask about Seller Contribution towards a Home Warranty! Downpayment Assistance Link: https://www.workforce-resource.com/dpr/pmt/MFRMLS/KATIE_NGUYEN
Source: STELLAR #o6209131
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6209131
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: #o6209131