20294 Lagente Cir, Venice, FL 34293
3 beds · 3 baths · 1,949 sqft sqft
Short Sale. Nestled in the heart of Venice, Florida, an inviting family home stands ready to embrace new owners.As you approach, the lush surroundings of the sought-after Gran Paradiso neighborhood greet you. It's a serene escape, yet remarkably close to everything Venice has to offer. Shopping, restaurants, and schools are nearby, promising a lifestyle filled with convenience and leisure. This home boasts three generously sized bedrooms, ensuring that everyone in the family has their own haven. Two and a half well-appointed bathrooms make the morning rush a breeze. The kitchen is equipped with modern appliances and adorned with gleaming granite countertops. Abundant storage and counter space make meal preparation a pleasure. Sliding glass doors beckon you to the screened lanai, where you can savor the Florida sunshine without the hassle of bugs or unpredictable weather. The backyard is a testament to meticulous landscaping, creating a tranquil retreat ideal for outdoor gatherings, barbecues, or simply unwinding with a good book. If you're seeking more than just a house, you're in luck. Gran Paradiso offers an array of amenities, including a community pool, clubhouse, and fitness center This home is priced to sell and new owner will be responsible for all contents in the house. The home has lots of great furniture to keep if you want it.
Source: STELLAR #t3544786
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3544786
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: #t3544786