2133 Eau Claire Ave, Deland, FL 32724
5 beds · 5 baths · 2,602 sqft
Traditional Farmhouse meets Modern Transitional! This 3-bedroom 2.5-bathroom home boasting roughly 2,600 sqft of living space is truly a one of a kind. Situated on an oversized lot nearly 3/4 an acre, this home sits off the beaten path while still maintaining proximity to all of life’s conveniences. With a historic background, this home was brought back to life in 2020. Entering through a circle drive you will find covered parking and plenty of curb appeal. When the front door opens, you are greeted with a perfect blend of original touches with modern updates. A complete updating of the kitchen, bathrooms, and fixtures are just a few highlights that catch the eye. The kitchen is a "showstopper" featuring quartz countertops, matte slate GE appliances, custom fixtures, a honed granite island with waterfall edges and eat-in seating. Some of that original preservation you will notice includes the re-finished wood floors, custom moldings, and shiplap to name a few. In addition, this home is also highlighted by tall ceilings in the living spaces, a plethora of spacious rooms, and newer prairie style double pane windows. The interior layout of this home allows for a functional flow and allows buyers to utilize the spaces in a variety of ways that fits their needs best. The exterior of this home has a lot to offer as well. Step out the back door to a fenced back yard with a brick patio/porch, a new wood lounging deck, concrete walkways, speakers (home sound system), and ample privacy. Looking for more space? A two-story barn offers plenty of storage and a setup for an upstairs barn apartment with infrastructure already in place. Lastly, the location offers that sought after privacy while being conveniently located near groceries, restaurants, Downtown Deland and major transit routes such as US 92, SR 44, and I-4. Call today to schedule a private showing!
Source: STELLAR #V4940340
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: STELLAR #V4940340
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.