2029 E C 48, Bushnell, FL 33513
3 beds · 3 baths · 2,446 sqft
This mid-century modern mixed with a little bit of rustic charm will have you doing a double take situated on 1.77 acres. Walk through the double doors to enter a living space that boasts high ceilings adorned with beautiful dark beams. Entering the living room, the center of attention is on the stone fireplace, situated on the North wall and is no small feature. With two options for a dining space on either side of the kitchen, you choose which you prefer or use both. Both have sliding glass door access to the large back patio that is screened in with ceiling fans and a built-in charcoal grill made of the same stone as the fireplace inside. Yes, you read that right, the same stone mason made a built-in grill outside to match the fireplace inside. The primary suite has not only a walk in closet and en-suite bathroom, but also a bon-a-fide dressing area separate of both and out of the actual bedroom. This is a great feature for those who get up really early or work a late shift and need to let someone else sleep. Down another hallway sits two bedrooms, and a bathroom with a hall closet for storage. This home offers a great in-law suite that has a separate entrance, private bathroom, and is plumbed for a kitchenette. Don't need an in-law suite? Maybe you want to work from home and need an office. Here you go! This home has a new metal roof, recently updated air conditioning system, and solar panels that leave the current owners paying less than $100.00 each month for electricity. WOW! The possibilities are endless here, with the ability to plant all the fruit trees, grow your own veggies, and have animals, this home gives you enough square footage to spread out inside as well as outside. You have to see it to appreciate it! While we know this home has many awesome features, we also know it will need some updating, so bring your imagination! Make an appointment today with your realtor! Please do not enter the property without an appointment.
Source: STELLAR #g5086587
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5086587
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: #g5086587
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.