2219 24th Ave E, Palmetto, FL 34221
3 beds · 2 baths · 1,640 sqft
Welcome to your rural oasis nestled among local farms, where tranquility meets convenience! This charming 3-bedroom, 2-bathroom home spans two levels and offers the perfect blend of rural serenity and accessibility. As you drive up the scenic country road, you'll be greeted by the inviting sight of this gated home, offering privacy and security. With ample space to park trailers and all your toys, this property is a haven for outdoor enthusiasts and hobbyists alike. Step inside to discover a cozy yet spacious interior, featuring a well-appointed kitchen with large dinning room, comfortable living areas, and three bedrooms for restful nights. The home's layout provides the ideal balance of functionality and comfort, with plenty of natural light streaming in through large windows to brighten your days. Outside, the expansive grounds beckon you to enjoy the peaceful ambiance of rural living, whether you're sipping morning coffee on the porch or hosting gatherings with friends and family under the open sky. Some of your neighbors are horses! Despite its idyllic rural setting, this home is conveniently located close to restaurants, shopping centers, and workplaces, ensuring that you can enjoy the best of both worlds without sacrificing modern conveniences. The home is less than 3 miles from I-75. If you've been dreaming of a rural lifestyle without being too far away from the amenities of city life, this is the perfect place to call home. Don't miss your chance to experience the beauty and tranquility of country living in this delightful property. Schedule your viewing today and make your rural dreams a reality!
Source: STELLAR #a4607337
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4607337
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: #a4607337
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.