20329 Astoria Ave, Port Charlotte, FL 33952
2 beds · 2 baths · 1,301 sqft sqft
Location is key here! 2 bedroom 2 bath 1 car garage home sits in the heart of Port Charlotte. This gem is within 2 miles to shopping, restaurants, hospitals, churches banks, and is 6 miles to Charlotte Harbor and the city’s entertaining night life. It’s also in a quaint neighborhood that has well maintained homes and offers a quiet street even though it’s close to the main highway and a skip to interstate for road trips to explore Florida's history. The home has a lot to offer and Starts with a nicely landscaped front and cozy enclosed entrance. It comes with an open floor plan, large spacious kitchen and has generous sized bedrooms and closets, Ceiling fans throughout home and motion detected lighting outside. It boast Newer AC 2019, 2023 roof, soffits, fascia and gutters, newer electrical box with float for septic and updated electrical panel. Master bath needs finished and materials are being provided. large fenced in backyard has a generous sized brick paver fire pit area to enjoy stars and constellations on those beautiful Florida nights while it also offers a cozy patio area to enjoy your morning coffee and bask at our beautiful sunrises. While some cosmetics may need done. Home has tons of potential for those seeking to make it their own and enjoy that desired Florida lifestyle
Source: STELLAR #d6137867
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #d6137867
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: #d6137867