1710 IBIS CT, Punta Gorda, FL 33982
RIVERS EDGE - a waterfront, water access 55+ community in Punta Gorda. TRIPLE WIDE Manufactured home built in 2015 to the latest hurricane standards for zone 3. Totally remodeled in 2023 with beautiful upgrades throughout. This home is light and bright with numerous windows throughout and offers an open and split bedroom floor plan with Foyer, Great Room, well appointed Kitchen, Inside Laundry Room with front loading washer and dryer, screened Porch, 3 Bedrooms, 2 full bathrooms and attached *2 Car Garage with 2'x6" studs above 3 foot CBS walls* The stunning Kitchen features quartzite counters, elegant solid wood two tone kitchen cabinets - 6 pullouts in 3 cabinets, tile backsplash , under counter lighting, breakfast bar for 4, tray ceiling with shiplap inserts, walk in pantry, NEW stainless appliances 2023 ( oven/range with hood, built in microwave, dishwasher, disposal, double door refrigerator). The Kitchen opens to the Great Room- there is a large Dining Area with tray ceiling with shiplap and Great Room with double paddle fan. Sliding glass doors lead to the 20x10 screened porch added in 2022 with fiberon composite decking and poured concrete slab under the deck with a 3 foot crawlspace. There is an 8x10 paver patio off of the screened porch. The Master Bedroom suite has a walk in closet with barn door as well as a private bathroom with dual sinks, additional closet with barn door and walk in shower. The second bedroom has a double closet and French doors lead to the third bedroom which is currently being used as a Den. The Guest bathroom has a tub/shower combination and both bathrooms have been remodeled with beautiful tile. Other features include hurricane shutters, rain gutters, 5 inch crown molding throughout the home, 3/8 inch drywall ceilings and walls, new luxury vinyl flooring throughout the home with tile floors in the bathrooms and laundry room, new window blinds throughout with 2 inch slats, wood window sills, lawn sprinkler system, chair railing in the foyer, hallway and dining room, ceiling fans in the Great Room, Mater Bedroom, 3 Bedrooms. Utilities are county water and sewer. **NEW shingle roof JAN 2023....NEW Kitchen appliances 2023....NEW hot water heater 2022** Ask your agent for the attached floor plan and feature sheet. Private water company provides water and sewer. RIVERS EDGE is a quiet, friendly community with a heated community pool, a 9 hole Par 3 golf course, and a clubhouse with kitchen, fitness center, library. There are plenty of community activities : community dinners, game nights, ladies lunches, pool parties, yoga and more. There is a community boat ramp and dock with 3 slips for DAY USE, first come first serve. Access to Hunter Creek, Peace River, Charlotte Harbor and the Gulf of Mexico. You can use your golf cart throughout the community and there is free boat and RV storage. Rivers Edge is 5 minutes from Golf and 15 minutes from historic downtown Punta Gorda shopping, dining, medical care, waterfront parks, boat ramps, fishing piers, walking and biking paths, weekend farmers markets, events, Fishermen's Village, art galleries and more.
You may be able to put down less than the total down payment amount of $157,697 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #c7492614
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.