225 Tides Rd, Winter Springs, FL 32708
3 beds · 2 baths · 1,732 sqft sqft
PRICE IMPROVEMENT!! Located on more than a 1/2 acre in the vibrant city of Winter Springs - This charming 3 bedroom, 2 bathroom home packs over 1,700 square feet of cozy living into a lush, private setting that’s perfect for those who crave space. As you approach the home, you’ll love the tree-lined street and the long driveway that leads you straight into your personal oasis with NO HOA! Inside, you'll see the show stopping stone wood burning fireplace and natural light floods the space through the double sliding glass doors. The living room is all about high ceilings and open floor plan and accented by dark wood beams. Cool off from the Florida heat with a NEW A/C (2023). Other updates include: roof (2018), hot water heater (2018). The eat-in kitchen is stunning! Featuring a new extension with butcher block countertops, a BRAND NEW backsplash and extra pantry space. Whether you're whipping up brunch or hosting a dinner party, this kitchen is as functional as it is stylish. The remodeled laundry room with built-in shelving is an added bonus. A separate dining room is perfect for entertaining as well! The spacious primary suite includes a spacious walk-in closet and a sleek, updated bathroom. Both bathrooms have been totally refreshed with modern vanities and fixtures, giving the whole place a polished look. Step outside to your massive backyard with an established garden, two sheds for all your gear, and endless potential for that epic outdoor setup you’ve always wanted. Just minutes from downtown Orlando, theme parks, and some seriously stunning beaches, Winter Springs hosts its own events, festivals, parks, and amazing restaurants to enjoy year round. Ready to make this stylish sanctuary yours? Book your exclusive showing today, and let’s get you living the good life!
Source: STELLAR #o6236570
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6236570
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: #o6236570
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.