166 Blackstone Creek Rd, Groveland, FL 34736
4 beds · 3 baths · 2,141 sqft
Experience the allure of Lake County living in this nicely updated 2014 home perfectly situated amidst the rolling hills of Central Florida's most picturesque landscapes! This captivating 4-bedroom residence, complete with a bonus office space, spans over 2,100 sq ft with soaring 10-foot ceilings. Its expansive split floor plan creates an open and airy ambiance, ideal for contemporary living. As you step inside, you're greeted by an inviting open foyer that seamlessly leads you into the living room, formal dining room, and a versatile office or den space that can cater to your work-from-home needs. The heart of the home is the kitchen, featuring an open concept design that flows effortlessly into the family room. Enjoy casual meals in the cozy breakfast nook or gather around the full-length counter bar for lively conversations. A generously sized walk-in pantry offers ample storage for all your kitchen essentials! Step into the master suite, a true sanctuary, featuring two generous walk-in closets, a luxurious walk-in shower, a separate soaking tub, and dual vanities that blend comfort with elegance. The two secondary bedrooms share a charming Jack-and-Jill bathroom, while the fourth bedroom offers added privacy near the third full bath. Imagine relaxing on the oversized covered rear porch, overlooking a vast backyard with endless possibilities for gardening, a pool, or crafting your own outdoor paradise. Nestled in the heart of Lake County, this home is a dream for outdoor enthusiasts, with nearby cycling and running trails, year-round freshwater adventures, and a lively calendar of local festivals. Discover the enchantment of historic downtown Clermont and Minneola, brimming with boutique shops, delightful restaurants, and vibrant community events all year long. Groveland is located 15 minutes to FL Turnpike that connects you to I-75 to Gainesville/Ocala and FL Toll 429/I-4 that takes you to Disney/area attractions, downtown Orlando East Coast beaches. The options are endless!!
Source: STELLAR #o6265863
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6265863
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #o6265863
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.