17561 SW Archer Rd, Archer, FL 32618
3 beds · 2 baths · 1,643 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.
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: #gc522397
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.