16906 SW 110th Ct, Miami, FL 33157
4 beds · 2 baths · 1,470 sqft
BUYERS, WELCOME TO YOUR DREAM HOME! This gem is located in the sought-after community of Pines Estates, a Peaceful Residential neighborhood with an excellent location, wonderful schools, and no HOA restrictions.This charming single-family home has a total of 1,727 square feet, which include 4 bedrooms, 2 full bathrooms, a spacious living room, a generous kitchen with separate dining area, a spectacular covered terrace, and a one-car garage with laundry space.From the moment you enter, you will be captivated by the high ceilings and the natural light that invades all the spaces of this beautiful house, which adds a feeling of spaciousness and modernism. It also promotes a versatile, convenient and gorgeous floor plan that harmoniously connects each part of the home, offering the perfect blend of style and functionality. It has a stunning kitchen, completely remodeled on 2023 with stone countertops, modern cabinets, and high-tech quality appliances, a Chef's dream for culinary adventures! The Patio is another must-see area with an upgraded terrace, ideal for entertaining, family gatherings or simply relaxing doing BBQ while the little ones and pets run around. The A/C unit is almost new from (2023) | The Roof from 2019 | Hurricane Shutters & Impact Windows throughout the Home. As you can see, there are endless possibility on this property, for sure will not last much in the market! So hurry, come see it today - Owner might consider contributing towards closing costs on a reasonable deal.
Source: STELLAR #p4932652
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #p4932652
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: #p4932652
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.