16596 Windsor Way, Alva, FL 33920
2 beds · 2 baths · sqft sqft
Enjoy spectacular golf course views from this beautiful home located in the upscale golf and tennis community of River Hall. This Abbyville floorplan features 2 bedrooms, 2 baths, plus a flex space that can be used as a 3rd bedroom, media room or home office, and it is located on a premium lot at the end of a cul-de-sac. With a large yard and no houses on one side, the oversized screened lanai lets you take advantage of our incredible Florida weather and allows you to immerse yourself in the beautiful surroundings - it really is a perfect location! The kitchen has high-end appliances, a convenient raised dishwasher and a wonderful open floorplan - which is great for entertaining! The primary bedroom is separate from the guest rooms which allows you to have complete privacy from out of town guests. This home is also equipped with a charging station in the garage for an electric vehicle and a whole house Solar panel system was added (with a fantastic TRANSFERRABLE warranty that covers EVERYTHING) to keep your electric bills low! Additional money saving features include hurricane panels to lower your insurance costs, and cable, lawn service, irrigation, and fitness center are all included in the HOA fees! Flood insurance is also not required! If you're not familiar with River Hall you should be! It is a gorgeous 1,500 acre gated golf course community which features a championship golf course with pro shop, a complete fitness center, tennis, pickleball, and bocce ball, and has multiple resort-style pools, two restaurants and miles of walking paths. Conveniently located 10 miles from Downtown Fort Myers and easy access to SWFL International airport. Please make your appointment today!
Source: FORTMYERS #224081796
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224081796
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: #224081796
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.