2172 NW 50th Cir, Ocala, FL 34482
2 beds · 2 baths · 1,796 sqft
One or more photo(s) has been virtually staged. An opportunity not to be missed awaits! Revel in stunning golf views, enjoy lower power bills, benefit from a 2023 ROOF AND SOLAR PANELS INCLUDED AT NO EXTRA COST TO THE BUYER IN THIS SALE! and embrace the option of an assumable mortgage at 2.49% interest rate ! Step into this thoughtfully designed home that seamlessly integrates golf views into nearly every living space. Thanks to solar panels, your power bill averages approximately $100+ less than that of similar-sized homes in the neighborhood, with the seller generously covering the $30,000 payoff on your behalf. Recently painted in 2022, the exterior is impeccably maintained. Upon entering through the double doors, you'll be greeted by an open floor plan and abundant natural light, making it the perfect retreat after a day at the World Equestrian Center or a round of golf in the community. The split plan layout offers a spacious primary suite with a luxurious master bathroom featuring a soaking tub and walk-in shower on one side, while a secondary bedroom and guest bathroom, also with a walk-in shower, reside on the other. The kitchen boasts a central island for added counter space and a cozy spot to savor breakfast while soaking in the golf views. Custom-designed, this home includes a fantastic den space adjacent to the kitchen, ideal for an office, craft room, or reading sanctuary. When you're not enjoying the comforts of home, the community beckons with a plethora of opportunities for social connection and recreation. From a heated Olympic-size pool and bocce ball to pickleball courts, shuffleboard, tennis courts, and a library, there's something for everyone Conveniently located just a short trip from downtown Ocala for community events, minutes away from the World Equestrian Center, and with easy access to I-75 connecting you to all the wonders of Central Florida, this home offers the lifestyle you've been dreaming of at an affordable price. Take advantage of this exceptional deal and inquire about the walkthrough tour and details on the assumable mortgage, potentially saving you thousands of dollars. Don't let this opportunity slip away!
Source: STELLAR #o6202627
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6202627
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: #o6202627
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.