167 Oak Cir, Ocala, FL 34472
3 beds · 2 baths · 1,337 sqft
elcome to your dream home, a majestic and newly built haven nestled in the heart of the tranquil Silver Springs Shores in Ocala. This 2022 masterpiece is a rare find that perfectly combines modern elegance with a warm, inviting atmosphere. Spread over a spacious quarter acre lot, this property is an oasis of peace, offering lush natural surroundings and a raised vegetable garden in the backyard. Step inside to discover a stunningly crafted interior with 3 generously sized bedrooms and 2 immaculate bathrooms, designed for ultimate comfort and luxury. The heart of this home is its open-plan living area, accentuated by soaring vaulted ceilings and bathed in natural light, creating an airy and welcoming space for you and your loved ones. The state-of-the-art kitchen, featuring sleek solid surface counters and high-end stainless-steel appliances, is a chef's delight and the perfect setting for creating culinary masterpieces. The house also boasts an attached 2-car garage, providing convenience and extra storage space. The exquisite luxury vinyl flooring throughout the home adds a touch of sophistication, while the energy-efficient central air system ensures your comfort year-round. Speaking of energy efficient...how about a 22-panel Lumio Solar System, which is completely paid off, to give you peace of mind knowing you won't have an electric bill. You'll also enjoy the sparkling clean well water with a water softener and water filtration system. Located in a serene neighborhood with no HOA fees, this property is not just a house, but a sanctuary where you can escape the hustle and bustle of everyday life. With its prime location, you're just a stone's throw away from essential amenities, yet far enough to enjoy the peace and quiet of suburban living. Located just minutes from I-75 and US-301, it makes commuting a breeze! Don't miss this opportunity to own a piece of paradise in Ocala. This home is more than just a living space; it's a lifestyle choice for those seeking luxury, comfort, and tranquility. Act now and step into the life you've always dreamed of.
Source: STELLAR #w7870541
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7870541
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: #w7870541
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.