1979 Hargate Ct, Ocoee, FL 34761
4 beds · 2 baths · 2,009 sqft sqft
An incredible home packed with energy-efficient upgrades! With a brand NEW ROOF installed in 2019, a NEW A/C unit added in 2021, and FULLY-PAID OFF SOLAR PANELS from 2022, you'll enjoy significant savings on your electric bills. The home has been further enhanced with foam insulation added to the exterior walls in 2023, upgraded attic insulation from 2015, and Energy Star DOUBLE-PANED, impact-resistant windows throughout, ensuring maximum comfort and efficiency. The interior features tile flooring throughout most of the home, with granite countertops in the kitchen adding a touch of elegance. You'll find a thriving vegetable garden in the backyard with drip irrigation, making it perfect for anyone with a green thumb. The large office with French doors offers a great space for working from home or could easily be used as a separate den or bedroom. Situated on a peaceful cul-de-sac, this home offers serenity while still being conveniently located near the community pool and playground, both within a three-minute walk. Additionally, a public park and dock for fishing are located right next to the community. With all the major updates done, this home is move-in ready and offers tremendous value at an affordable price. Don’t miss out on this amazing opportunity to call Ocoee home!
Source: STELLAR #o6243990
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6243990
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.
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: #o6243990