2091 Marlin Way
Englewood, FL 34224
5 beds · 4 baths · 3,462 sqft
$725,000
Get prequalifiedAbout this home
Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Freshly updated landscaping, freshly painted living room, dining room, kitchen and breakfast nook, 2 new A/C units, a newer roof, newer pool pump and all the space you need in the home and on this double lot is exactly why you NEED to see this home! PLUS the motivated sellers are offering $25,000 in concessions at closing!!! Use it at your discretion - towards closing costs, toward a rate buy down, updated paint, or whatever you'd like! Add to the already fully grown fruit trees here and enjoy the scrumptious fruit from your own backyard - 10 different types of mango trees, 3 types of bananas, 4 types of coconut, 2 types of limes, 2 types of Caribbean plums, 2 types of sugar apples, taramind, avocado, Logan, Sapodilla, Barbados cherry, Caimito, Black Sapote, Jujube and June plum! Plus there's plenty of room to add more! Take a look through the photos and imagine the possibilities (some interior photos are virtually staged)! This home was custom-built by a builder for his own personal residence. Located in a serene neighborhood, this spectacular five-bedroom, 3.5-bath home boasts an impressive 3,594 square feet of luxurious living space and is designed to elevate your lifestyle. The gourmet kitchen is a chef’s delight with granite countertops, stainless steel appliances and a newer stovetop, offering beauty and functionality. The grandeur continues into the living room where a stately, wood-burning fireplace framed in granite becomes the heart of the home, ideal for cozy evenings. Upstairs, a loft with a catwalk adds a touch of elegance and extra space for a home office, library or play area. This home is designed for versatility and comfort, featuring not one but two primary suites, one on each floor, ideal for multi-generational living or accommodating guests with unparalleled ease. Step outside into your personal paradise. The oversized lanai frames a stunning pool and hot tub, where you’ll enjoy breathtaking Florida sunsets in your west-facing, completely fenced-in backyard. Whether hosting summer barbecues or simply unwinding under the stars, this outdoor space will become your sanctuary. With every detail considered for luxury and convenience, this home is more than just a place to live, it’s a lifestyle. Don’t miss the opportunity to call this exceptional property your own. Homes like this are RARE! Schedule your private showing today and step into a world of elegance, comfort and endless possibilities!
Source: STELLAR #N6134161
Neighborhood
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.