2246 NW 89th Way, Gainesville, FL 32606
3 beds · 3 baths · 1,710 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Lease purchase options may be available. $3000 BUYER CLOSING COST INCENTIVE!! Check out a video tour at https://youtu.be/HeYVk1feE8g?feature=shared. Affordable Luxury in the Northwest Neighborhood of Tara Lane! Discover this beautiful 3-bedroom, 2.5-bath home, built in 2023, offering 2,364 square feet of total space (1,710 square feet heated and cooled). It includes a 2-car garage and a screened rear lanai. The inviting front porch leads you into a home featuring "wood-look" tile throughout the foyer, kitchen, great room, laundry room, bathrooms, and hallways. The spacious, light-filled kitchen is perfect for entertaining, with a large island that provides extra seating. It boasts white shaker cabinets, light quartz countertops, and a full suite of stainless steel appliances, including a refrigerator, stove, dishwasher, and microwave. Numerous windows flood the great room with natural light. The generous primary bedroom includes an en-suite bath with a large walk-in shower, double sinks, quartz countertops, and a deep walk-in closet. The two guest bedrooms and guest bathroom are privately situated in their own hallway. A convenient half bath is located near the front entrance, along with the laundry room and access to the 2-car garage. Enjoy the outdoors in the screened, covered lanai, which offers peaceful views of nature. The low-maintenance yard ensures you can spend more time relaxing. This home is ideally located near Santa Fe College, a variety of shopping and dining options, and is within walking distance of Hidden Oak Elementary and Fort Clark Middle School. The neighborhood's common area features a walking trail, mailbox station, playground, and guest parking. With a low HOA fee of only $70 per month, this home offers exceptional value. Call today to schedule a private showing—this property is available for quick closing and occupancy! Home is also available for rent at $2,395 per month.
Source: STELLAR #GC525572
Source: STELLAR #GC525572
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.
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.
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 620, 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 and Equal Opportunity Act.