20497 Pezzana Dr, Venice, FL 34292
3 beds · 2 baths · 2,244 sqft
Situated on a large corner lot, this spacious, rarely available, Tuscany floor plan home, with three bedrooms, plus an office, has the room, style, and comfort you’ve been waiting for! The premier 55+ community of Venetian Falls, offering maintenance-free living with fabulous resort-style amenities and entertainment, is just a few minutes from sunny Gulf of Mexico beaches, shopping, restaurants, and Venice's historic district. As you enter the welcoming foyer, comfortable living and dining rooms set the tone. The beautiful kitchen with granite countertops, solid-wood cabinets with trim, customized pantry, LG appliances, and undermount lighting is open to the family room, dinette and view of the outdoors. The office is enhanced with wood patterned plank tile and French doors for versatility of use. The primary suite features an elegant tray ceiling, two customized closets, spacious Roman shower, separate WC, dual sinks, and linen closet. Two guest rooms and the guest bathroom are located near the front of the home providing privacy for all. Additional features include a screened front entryway, crown and picture moulding, plantation shutters, and energy efficient 50-gallon hybrid water heater, whole house water softener and filtration system, and UV-blocking film on all windows. The laundry room features a front load washer and dryer with ample counter space for folding, plus additional storage cabinets. The oversized 2-car garage has convenient Kobalt storage racks, pull-down attic steps, utility sink, and fan. Lounge in the sun or shade on the extended, screened lanai. There is plenty of room for grilling and dining, plus a pavered outdoor patio and walkways leading out to the yard and a water hose station. So many extras and so much to enjoy! Venetian Falls amenities include a heated lap pool and spa, resistance-walking pool, state-of-the-art exercise facility, billiard room, bocce ball, full-time activity director, on-site management, and so much more. Lawn maintenance, cable TV, and internet, are included in the reasonable HOA fee. Don’t miss out on this amazing home!
Source: STELLAR #n6134990
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #n6134990
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: #n6134990
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.