2028 Marker Rd, Polk City, FL 33868
4 beds · 3 baths · 2,156 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Experience the best of both worlds with country living close to town! This stunning, updated 4-bedroom, 3-bathroom pool home is set on nearly 2 acres of serene land. Almost every feature of this home has been modernized. It boasts an in-law suite with an additional living/sitting area, making it perfect for guests. Ideal for entertaining, the beautiful kitchen features granite countertops, wood cabinets, and a gas stove. Outside, unwind by the pool, or enjoy the bar and hot tub. Enjoy the fresh country air from the multiple open porches, sitting and enjoying the surrounding nature. The screened back porch stretches almost the entire length of the house. The property includes several outbuildings, such as a barn that has two stalls for animals, or could be used for storage. The property includes an outbuilding with electricity, running water, and a fully-functional bathroom. The front of the home features covered parking for a boat or other toys, a storage building, and an open workshop. All exterior buildings have water and electricity. Conveniently located near the Polk Parkway and I-4, making travel to Orlando and Tampa a breeze, and just minutes from Florida Polytechnic. The Roof, Main AC unit, water heater, well pump, Hot Tub (including wiring), Barn Wiring, and Electric panel have all been replaced.
Source: STELLAR #TB8344392
Source: STELLAR #TB8344392
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.