1668 Cr 543a, Sumterville, FL 33585
1 beds · 1 baths · 624 sqft
Where are our tiny home afficianados? We’ve got one for you right here! Representing the cozy department at a whopping 624 sqft, this home is the epitome of make sure to make every inch count. Sitting on 2.44 acres this home is officially a 1-bedroom, 1-bath, but there is a second room currently being used as a laundry room/walk-in pantry. Open living room and kitchen combo with sliders out to the newly covered deck that is accessible from both the living room and the bedroom. Sitting up on a lime rock ridge, the 2.44 acres are high and dry and fully fenced. Paved driveway with a slab that already has footers in place. So whether you want a carport, garage, or to maybe add an addition, you already have a head start. Speaking of extra space, there’s also a 40-ft hightop storage container on-site. And if you need space for your RV, we have that too. There’s an RV hookup with water, electric, and an easy septic connection. Now, let’s talk about the extras. Love fresh fruit? You’re in luck—there are lemon, lime, orange, banana, and fig trees right in your own backyard. A little history…this home was originally built in 1988. It had new siding installed in 2009 and a new roof also in 2009 according to the previous owner. This is the kind of home you either do solo or make sure you get along reeeeally well with your housemates. The home is occupied, so please schedule showings in advance. This is by appointment only. Do not enter the property without an appointment and your Realtor. Conveniently located in the heart of Sumter county with easy access to Interstate 75, The Florida Turnpike and quick access to The Villages. NO HOA and no deed restrictions. Call today.
Source: STELLAR #G5092454
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #G5092454
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.