18080 BASS LAKE CT, Lehigh Acres, FL 33972
Discover peace and tranquility at this AMAZING lakefront home within the lovely community of Town Lakes! This beautiful Cali model is featuring 1828 square feet of open-concept living while boasting a large backyard (perfect for a pool), making this property ideal for large families and for hosting parties. The kitchen will more than cater to all your culinary needs with a center island work station, an ample pantry, all 42" wood upper cabinets, Whirlpool appliances, and it even has a coffee bar counter area for making your favorite coffee and espresso. The volume ceilings throughout the home is complimenting the open floor plan while the 18" ceramic tile throughout the main living areas is providing elegance. The blinds on all the windows allows for easily adjusting the amount of natural light entering your home. The master suite is exquisite, with a walk-in closet and a separate linen closet, as well as dual sinks. Opening the front and rear doors allows the cool breeze and fresh air to flow through your home, and the screened porches prevent insects from entering. Enjoy the convenience of doing your laundry in an air conditioned laundry room. The home is equipped with thermal windows, helping to keep the home cooler as well as saving energy. A brand new roof was recently installed in 2023. The attic is easily accessible with the pulldown ladder and there is plywood installed in the attic providing plenty of extra storage space. The irrigation system allows for the lawn to be lush and green. Feel safe and secure if you stay during hurricanes because the aluminum shutters provide for approved hurricane protection. If your power happens to go out due to a storm, expect to have the power back on very quickly because this community is on the hospital power grid. Also, there is video surveillance available on the front porch located at the door bell. Walk through the double-panel glass doors and onto the rear screened lanai. From there behold the gorgeous lake and its surrounding greenbelt (no buildings), as well as beautiful sunsets. The large back yard with an expansive fenced area gives plenty of room for toddlers to play and dogs to enjoy. This street has very little traffic and ends on a cul-de-sac, which is ideal for when kids are playing outside. Go fishing, kayaking, or canoeing in the lake just beyond your fenced backyard -- where you can expect to to see ducks, herons, cranes, ibises, rabbits, turtles, and more. You can also see these beautiful creatures as you explore Town Lakes. Go safely walking or jogging on sidewalks throughout the beautifully landscaped neighborhood. You may also go fishing, kayaking, or canoeing in the many lakes in the community. And, last but not least, essentials and excitement are just minutes away!
You may be able to put down less than the total down payment amount of $166,491 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: #224061373
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.