1841 Talmadge St, Deland, FL 32724
3 beds · 2 baths · 1,236 sqft sqft
Welcome to the perfect starter home nestled in a peaceful corner of DeLand, situated on a quiet dead-end street. This charming residence offers all the comforts you need with 3 bedrooms and 2 bathrooms, providing ample space for comfortable living. Step inside and be greeted by a spacious great room, ideal for hosting gatherings with friends and family. The open layout creates a welcoming atmosphere, perfect for both relaxation and entertaining. The dinette and kitchen area overlooks the fenced backyard, offering a private retreat where you can unwind and enjoy the outdoors. A convenient shed provides ample storage space for all your needs, keeping your home organized and clutter-free. Updates abound in this cozy abode, with a new roof installed in 2017 and a new hot water heater added in 2019, ensuring peace of mind for years to come. NO NEED TO WORRY ABOUT DUKE ENERGY RAISING YOUR RATES - ENJOY A LOWER MONTHLY BILL ($199.63) WITH NEW SOLAR PANELS. Whether you're starting a new chapter or looking for a cozy retreat to call your own, this adorable home is sure to steal your heart. Don't let this opportunity slip away – schedule a showing today and discover the perfect blend of comfort and convenience in this delightful DeLand gem. With its charming appeal and desirable location, this home is sure to go fast!
Source: STELLAR #v4935023
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #v4935023
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: #v4935023
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.