1730 Nelda Ln, Sarasota, FL 34232
3 beds · 2 baths · 1,196 sqft
Wonderful Sarasota Pool Home on a Quiet Cul-de-Sac! Here’s your chance to own a beautifully maintained pool home, complete with a doggie run, nestled in the heart of Sarasota’s highly desirable Deer Hollow neighborhood! Tucked away on a peaceful cul-de-sac, this home offers 3 Bedrooms and 2 bathrooms, privacy and tranquility at an unbeatable price. Step inside to find an inviting open-concept layout with vaulted ceilings, a split floor plan for added privacy, and a kitchen that shines with granite countertops and brand new appliances. The home’s design is perfect for both relaxation and entertaining, with easy flow between the living spaces and the pool area. Plus, enjoy the Florida lifestyle year-round with a pool. The 2-car garage comes equipped with a workshop, providing ample space for your DIY projects, and there’s even a shed for extra storage. The home is also fitted with hurricane shutters, offering peace of mind during storm season. The roof is only one year old. Location is everything, and this home truly has it all. You’ll be just walking or biking distance to Benderson Lake, University Town Center, and more. A quick drive gets you to Whole Foods, Fresh Market, and downtown Sarasota, with the beautiful Gulf Coast beaches less than 20 minutes away. Outside, the property is adorned with lush landscaping and a convenient sprinkler system, making yard maintenance a breeze. And with high-speed internet already installed, working from home or streaming your favorite shows has never been easier. The home was freshly painted inside and out. This is a rare opportunity to enjoy the best of Sarasota living. Schedule your tour today and make this fantastic home your own!
Source: STELLAR #a4624630
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4624630
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: #a4624630
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.