212 Casalino Dr, Nokomis, FL 34275
2 beds · 2 baths · 1,524 sqft sqft
One or more photo(s) has been virtually staged. Welcome to your new Milano HOME! The original owner put much thought into the upgrades and design of this charming Tidewater villa and it shows. The premium lot boasts amazing lake views from the front and in the back, calming views of the nature preserve. You'll enter hurricane season confidently knowing your home is equipped with easy to operate, built-in hurricane shutters with key ($10K) in addition to traditional external shutters. This home has never flooded nor lost power. This exquisite maintenance free villa features two spacious bedrooms, two bathrooms with upgrades, a dedicated laundry room and a multi purpose "flex" room (TV room, office, den, home gym, craft room, sitting room). You'll find plenty of storage in your two car garage; heavy duty shelving conveys. Illuminated by two large skylight domes, you'll look forward to cooking in this designer kitchen equipped with stainless appliances, a gorgeous backsplash, additional lighting above cabinets, stunning quartz countertops and oversized island. You'll find it easy to unwind on the extended screened in lanai surrounded by the sights and sounds of nature with a ceiling fan and pull down shade screen to ensure your comfort. Additional serenity comes from listening to water trickle from the stately fountain that conveys. Travertine tiles not only add a level of elegance but are easy to clean. You will have plenty to do at the Villages of Milano with Clubhouse activities, a resort style heated pool and spa, fitness center, fire pit, 3 pickleball courts, bocce ball court, walking trails and a dog park. Conveniently located between Venice and Sarasota off of I-75.
Source: STELLAR #a4625730
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4625730
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: #a4625730
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.