168 Waterside Ln, Freeport, FL 32439
3 beds · 2 baths · 2,135 sqft
Introducing a newly renovated waterfront haven and boater's paradise with direct navigable access to the Bay and the Gulf. A compelling acquisition, the residence is offered at $25,000 below its professional appraisal, providing the opportunity for immediate equity and wealth building. This captivating home boasts 130' of coveted waterfrontage, complemented by a private dock and boat lift. Envision effortless boating, fishing, paddleboarding, or kayaking at your leisure. Free from HOA restrictions and encompassing .72 acres of prime land, this is the perfect place to cultivate a garden, install a private pool, and generate income from vacation rentals. Enjoy peaceful relaxation or effortless entertaining in the gathering room with its exceptional water views. Picture entertaining on the covered waterfront patio with a bar. Inside the home, a light-filled flex room/formal dining area welcomes you. The kitchen and bathrooms feature granite countertops. Stainless Steel Appliances anchor the kitchen. Ample parking accommodates boats, RVs, and trailers. Enjoy abundant storage with an attached garage and walk-in pantry. Benefit from cost-effective landscaping with Rainbird irrigation on a well, and added security with a generator hookup. Situated moments from boat ramps and marinas, and only 12 short miles to the renowned beaches of 30A, this Freeport residence offers tranquil waterfront living with convenient access to local attractions and the charm of nearby Santa Rosa Beach. Embrace the Bay Coastal lifestyle. Contact us for details or a private tour.
Source: EMERALDCOAST #970066
Learn about how it works
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: EMERALDCOAST #970066
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.