1827 SOUND HAVEN CT, Navarre, FL 32566
*New carpet and privacy fence in 2022, as well as new kitchen appliances in 2021!* Welcome to your dream townhome in the heart of Navarre, FL! This charming 3-bedroom, 2.5-bath residence offers 1,614 sq. ft. of thoughtfully designed living space. Step inside to find an open-concept layout on the first floor, featuring a spacious living area that seamlessly flows into the dining space and kitchen. As previously mentioned, the kitchen was updated in 2021 with brand-new appliances; refrigerator, stove, dishwasher, and microwave. The entire upstairs had new carpet installed in 2022 (including the stairs themselves). On the second floor you'll find three generously sized bedrooms, a full-bathroom, laundry, and the Primary Suite which is accompanied by a spacious ensuite bathroom. This Primary bath has all the necessities and more, with a granite double-vanity, tiled shower/tub, and a large walk-in closet! Enjoy evenings on your fenced in back patio that could comfortably house a lounge area and grill. Sound Haven community has a community pool just a brief walk from the townhome, making for a convenient way to cool off on hot FL days! Whether you enjoy spending days at the beach or venturing over to the zoo, don't miss the opportunity to make this delightful property yours!
You may be able to put down less than the total down payment amount of $53,308 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: #647710