19895 BRIDGETOWN LOOP, Venice, FL 34293
LOWEST PRICED POOL HOME IN OASIS! PRIVACY landscaping in backyard! WELCOME HOME to this stunning Calusa model located in the boutique community of Oasis in Wellen Park. As you enter, you step into a wide entry that leads to an open floorplan with 3 bedrooms, 3 baths, and a den/study/game room. The gorgeous gourmet kitchen overlooking the family room has custom-built cabinets, quartz countertops, a pantry, large island with seating, stainless steel appliances, wall oven, and microwave. Truly a chef's dream! Relax outside in your heated, saltwater pool with sun shelf all under a large screen enclosed lanai with paver brick decking. The master suite provides a peaceful retreat after a long day with a spacious bedroom with dual sinks, large walk-in shower with built-in bench, and walk-in closet. There are 2 other bedrooms, one which has an en-suite perfect for guests. This home shows like a model and boasts many upgrades including all Moen fixtures in all 3 bathrooms and kitchen, tray ceilings, 5 in baseboards, large kitchen sink, overhead garage storage, 8 ft. doors and entryways, and plank tile flooring in all the living areas and bathrooms. Oasis is a maintenance-free, gated community with secure access to walking trails, dog park, community pool, and pickle ball courts located in the highly desirable Wellen Park which is central to all of the best Gulf beaches, shopping dining, entertainment, schools, medical facilities, the Atlanta Braves Training Facilities, and across from the Wellen Park Costco. Why build new when you can move right into this perfect home that's just waiting for you! This is truly a spectacular home! Call today to schedule your showing.
You may be able to put down less than the total down payment amount of $263,904 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: #n6133803