21103 NOWELL AVE, Port Charlotte, FL 33954
Welcome to your dream home in sunny Port Charlotte, FL! This stunning 2017 gem is situated on an oversized corner lot and boasts everything you need for modern living. With 3 spacious bedrooms, 2 stylish bathrooms, and a 2-car garage, this home offers plenty of room for relaxation and entertainment. As you step inside, the first thing you'll notice is the impressive edged glass front door that sets the tone for elegance. The open great room features soaring cathedral ceilings and recessed lighting, creating a bright and airy atmosphere. The living and dining areas flow seamlessly, with sliding doors that open up to a 25-foot-long screened lanai—perfect for enjoying Florida’s beautiful weather year-round. The kitchen is a chef's delight, featuring a large breakfast bar, stunning granite countertops, solid wood cabinets with crown molding, and sleek stainless steel appliances. The tile flooring throughout the main living areas adds a touch of sophistication and is easy to maintain, while the bedrooms are cozily carpeted for your comfort. Retreat to the master bedroom, where you'll find a spacious walk-in closet and a luxurious master bath complete with a beautiful walk-in tile shower and a granite-topped vanity. The guest bathroom is equally impressive, featuring a tub and shower combination with tile walls extending all the way up to the ceiling. The expansive backyard offers a fantastic space for your pets to roam freely and play to their hearts' content. Plus, the generous size of the yard means there's plenty of space to design and install your future pool, making it an ideal setting for both leisure and fun. Convenience is key with this home—you're just minutes away from top-rated schools, fantastic shopping, and delicious dining options. Plus, you’ll be close to our gorgeous Gulf beaches and the exciting new Sunseeker Resort. Don’t miss out on this incredible opportunity! Call today to schedule your private tour and see for yourself what makes this home so special.
You may be able to put down less than the total down payment amount of $148,178 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #c7498106
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.