17876 WOODLAND CT, Punta Gorda, FL 33982
Welcome to 17876 Woodland Ct, an elegant 4-bedroom, 3-bathroom Sylvester model home nestled in the heart of the eco-friendly and tech-savvy community of Babcock Ranch. This stunning property built by Lennar in 2022 boasts over 2,000 square feet of luxurious living space, designed to blend comfort with modern sophistication. As you step inside, you'll be greeted by an open-concept floor plan bathed in natural light, with high ceilings and premium finishes throughout. The gourmet kitchen is a chef’s dream, featuring top-of-the-line stainless steel appliances, quartz countertops, a large center island, and custom cabinetry. The spacious living area flows seamlessly to a covered lanai, perfect for outdoor dining or simply relaxing while overlooking your private, landscaped backyard. The master suite is a true retreat, complete with a spa-like ensuite bathroom with dual vanities and a walk-in shower. Three additional bedrooms provide ample space for family, guests, or a home office. This home also includes a two-car garage and energy-efficient features that align with Babcock Ranch’s commitment to sustainability. Located on a quiet street in the Trail’s Edge Neighborhood, this home offers the perfect blend of tranquility and convenience with access to Babcock Ranch’s extensive amenities, including community pools, parks, trails, and a vibrant town center. Enjoy a lifestyle of health, wellness, and innovation in America’s first solar-powered town. Don’t miss the opportunity to make this exceptional property your new home. Schedule a private showing today!
You may be able to put down less than the total down payment amount of $35,571 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: #224060999