17892 Corkwood Bend Trl, Punta Gorda, FL 33982
5 beds · 5 baths · sqft
Survived another Hurricane without loss of power or internet! And no flooding to the community or main roads. This home is located in Flood zone X! Discover unparalleled comfort and style in this beautiful two-story home, situated within the Solar Powered & Eco-friendly Trails Edge community of Babcock Ranch. Featuring the sought-after Majestica floor plan by Lennar, this residence encompasses over 3,295 square feet of elegantly appointed living space. With 5 bedrooms, 4 and a half baths, this home sets a new standard for modern & generational living. At the heart of this exquisite property is the expansive kitchen, boasting ample counter space, a large island, and an inviting eat-in area. Designed for both culinary enthusiasts and gatherings, the kitchen's open concept flows effortlessly into the dual living rooms and dining areas, creating a continuous, engaging space throughout the house. Upstairs, you have 4 bedrooms, a loft area, and 3 bathrooms. The primary (master) bedroom is located upstairs overlooking the pool and lake. Downstairs, you have one smaller bedroom with attached bathroom. Also the half bathroom is right off the living room area. Outdoor living is redefined here, with a screened-in lanai and gorgeous pool that invite you to relax or entertain while enjoying panoramic views of the tranquil lake. The home also comes equipped with a tankless hot water heater, dryer, and stove all ran off gas! This home perfectly complements an active lifestyle with nearby state-of-the-art fitness facilities, extensive biking and hiking trails, and multiple sports courts. Just steps away, convenience meets community with a local Publix supermarket, restaurants, and a Starbucks cafe, ideal for everyday essentials and a quick coffee break. Babcock Ranch is more than a home; it's a vibrant community dedicated to sustainability and enriched with a plethora of amenities to enhance your lifestyle. Embrace the pinnacle of Florida living in a community that truly values your quality of life. Make this majestic home in Babcock Ranch your new haven and experience a lifestyle where comfort meets luxury in an eco-conscious setting. Very affordable HOA fees! Includes lawn care and 1 Gig internet!
Source: FORTMYERS #224041502
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224041502
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: #224041502
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