1783 CAN DO WAY, Kissimmee, FL 34744
Wow huge price reduction!!Welcome to this exquisite 4-bedroom, 4-bathroom Pool Home, built in 2021, located in the vibrant community of Tohoqua. This modern residence sits on an oversized lot, one of the largest in the development, and offers an array of amenities including a sparkling community pool, clubhouse, fitness center, tennis courts, and playgrounds. The home features a charming stone facade and a large covered front porch. Inside, the floor plan blends contemporary design with comfortable living spaces, creating an ideal environment for both relaxation and entertaining. The entire downstairs boasts wood plank tile flooring, complementing the modern farmhouse aesthetic, while upstairs features attractive wood-looking vinyl plank flooring. Upon entry, the open-concept floor plan welcomes you with high ceilings and abundant natural light. The spacious kitchen, a chef’s dream, showcases white solid wood cabinets with 42" uppers, stainless steel appliances, a large center island, sleek quartz countertops, and tasteful backsplash. The kitchen flows seamlessly into the expansive living and dining areas, perfect for hosting gatherings. The primary suite offers a private retreat with a walk-in closet and an en-suite bathroom featuring a soaking tub and a separate glass-enclosed shower. Each additional bedroom is generously sized, one with its own full bathroom, providing comfort and convenience for guests and family. Upstairs, a large bonus space offers versatility as a great room, loft, media suite, or playroom, complemented by two custom rooms currently used as an office and a den. The home also has a Daikin top of the line mini split system for the loft area. The home also features a unique dog house under the stairs with its own barn door, along with custom modern shelving and a bar area. Outside, the self-cleaning saltwater pool is a standout feature, complete with an oversized design, large sun shelf, water features including deck jets and bubblers, and vibrant LED lighting. This home seamlessly combines modern amenities, thoughtful design, and a sought-after community setting, offering an exceptional place to call home. The Amazing GYM and garage storage does not convey with purchase but could be purchased separately. Furnishings could be purchased separately as well.
You may be able to put down less than the total down payment amount of $251,688 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: #o6217081