21475 Meehan Ave
Port Charlotte, FL 33952
3 beds · 2 baths · 1,316 sqft
$255,000
Get prequalifiedAbout this home
Stunning 3-Bed, 2-Bath Home with resort-style pool & lanai – perfect for entertaining! Welcome to your dream home! This charming 3-bedroom, 2-bathroom gem offers 1,316 sq. ft. of beautifully updated living space, ideal for those who love to entertain and enjoy the Florida lifestyle. From the moment you step inside, you’ll be captivated by the sleek tile flooring throughout and the open kitchen concept, perfect for cooking and socializing with family and friends. Step outside to your own private oasis! The stunning in-ground pool, complemented by a spacious lanai, is designed for ultimate relaxation and entertaining. The wet bar in the lanai offers a great space to mix drinks and unwind, while the full outdoor bathroom provides easy access from the pool area. The brand-new bird cage is built to withstand 200 mph winds, offering peace of mind during storm season, and the property itself has never flooded during hurricanes. Outside of the pool area you can enjoy fruits provided from the mango, orange, avocado, and lemon tree on the property. Enjoy a BRAND NEW roof to go along with this fully updated home helping lower your home insurance. With update tiled bathrooms, all new duct work, new HVAC, repiped plumbing, this home offers the modern comforts and reliability you deserve. The electrical system has also been fully upgraded to ensure optimal performance and safety. Whether you’re lounging by the pool or hosting a weekend BBQ, this home has everything you need to enjoy the best of Florida living. Plus, with zero restrictions on short-term rentals, it offers fantastic investment potential. For those who love the pool, you’ll appreciate the state-of-the-art pool heater that can raise the water temperature to 105°F in under 3 hours making your pool a hot tub in no time. This home is move-in ready and waiting for you to make it your own. Don’t miss out on this rare opportunity – schedule your showing today!
Source: STELLAR #O6252014
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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.