17561 SW Archer Rd, Archer, FL 32618
3 beds · 2 baths · 1,643 sqft sqft
NOTE: Sellers have updated living room floors with Luxury Vinyl Flooring. Welcome to your dream oasis! Nestled on a sprawling 2-acre lot, this split floor plan, pool home offers comfort and serenity. Perfectly designed for both relaxation and entertaining, you will fall in love at first sight. Key Features include, a spacious open floor plan integrating the living, dining and kitchen area to create an inviting space. A large open kitchen with ample counter room and convenient layout making it perfect for creating family meals or entertaining guests. Also a split floor plan with a great sized primary bedroom suite as well as two other bedrooms divided by your second bath. Not to be missed is the private paradise of this property. You will love the sparkling pool that’s perfect for cooling off on hot summer days or hosting enjoyable poolside gatherings. Also enjoyable is the incredible fire pit area, surrounded by hand-built swings that’s just perfect for cozy evenings under the stars with family and friends. The property is a gardener’s dream as the current owners have added 11 different fruit trees, (peach, apple, pineapple guava and fig to name a few), as well as numerous other plants, and vibrant flora. Addtionially the there is a roughly 40X25 slab on back of the property that current owners use to park work truck It previously was flooring for a workshop. Don’t miss the opportunity to own this 2 acre property and all it has to offer. Archer is convenient to Gainesville, particularly UF/Shands/VA, as well as the Gulf of Mexico, and the World Equestrian Center. Call for your tour.
Source: STELLAR #gc522397
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #gc522397
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.
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: #gc522397