1745 Bay Pine Cir, Gulf Breeze, FL 32563
4 beds · 2 baths · 2,165 sqft
MOTIVATED SELLERS - BRING ALL OFFERS! Welcome to your own slice of paradise in the Bay Pines subdivision of Gulf Breeze! This spacious 4-bedroom, 2-bathroom home offers 2,159 sqft of thoughtfully designed living space, perfect for embracing the relaxed Florida lifestyle. Step inside to find a warm & inviting atmosphere with an open floor plan perfect for entertaining. All windows are adorned with beautiful white plantation shutters. The kitchen features granite countertops, a breakfast bar, & tile flooring. This home has plenty of storage – double walk-in closets in the primary suite, a large pantry, & extra cabinetry in the laundry room. Recent upgrades include a new tankless water heater for endless hot water, a new HVAC system in 2021 with a Halo whole home air purifier, & a new roof in 2020! Enjoy the outdoors year-round on your screened back porch, perfect for sipping your morning coffee or taking in the evening breeze. Situated just moments from the water, this home offers easy access to East Bay, where you can enjoy stunning views & refreshing coastal breezes. For those who love the outdoors, a scenic pedestrian walking path runs the length of East Bay Blvd., providing the perfect route for morning jogs, sunset strolls, or bike rides. Nestled in a friendly community, this home is conveniently located near top-rated schools, beautiful beaches, shopping, & dining. Whether you're looking to embrace the coastal lifestyle or simply enjoy the comfort of a well-maintained home, this Gulf Breeze gem is ready for you!
Source: PENSACOLA #659861
Financials
Source: PENSACOLA #659861
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.