2469 NORTHUMBRIA DR, Sanford, FL 32771
This BEAUTIFUL POOL HOME WITH NEW ROOF is a RARE FIND in the EXCLUSIVE COMMUNITY OF BUCKINGHAM ESTATES (Heathrow Area). As you drive through this GATED COMMUNITY you will feel Peace and Tranquility. This community is well maintained and offers a great lifestyle to its residents. As you pull up to this home you will immediately appreciate its Curb Appeal and Character. Upon entering you will realize the true grandness of this home and a direct view of the Pool & Patio right from the front door. Immediately to your left is the Grand Formal Living Room. The Cathedral Windows & Ceilings make this a great place to gather with friends & family over a glass of wine while having great conversation. The perfect amount of daylight shines through and adds to the elegance of this first impression. Just past this area you will find the Formal Dinning Room also with great daylight as well as ceiling height. Both of these areas are dressed with beautiful Maple Oak Floors. As you continue in from the front door you arrive at the Open Family Room with direct access to the Pool & Lanai. The Large Kitchen sits next to the family room and is the Perfect Kitchen to prep for great meal and large gatherings. Fit with 42” Staggered Cabinets w/ Crown Molding, Silestone Counter Tops, Large Prep Island, Breakfast Bar, Stainless Steel Appliances and Upgraded Lighting. This Kitchen offers TONS OF COUNTER AND STORAGE SPACE and for your convenience is fit with a desk area for you to keep an eye on the kids while doing homework or watch your favorite cooking show while you prep that meal. The large breakfast room is just off to the side and is the perfect space for your everyday meals. On this level you will also find 2 Bedrooms for the guests or the in-laws, 1 full bath, 1 half bath as well as a Large Laundry Room with Folding Table and cabinets. THE ENTIRE COMMON AREA ON THE 1ST FLOOR HAS BEEN FIT WITH BEAUTIFUL TRAVERTINE FLOORING while the other areas are finished with Wood Flooring. As you make your way upstairs you arrive at the 1st landing where you will enjoy this MASSIVE MEDIA ROOM. This room can be used as a Movie Room, Play Room, Fitness Center or whatever you want. Just an additional 3 steps up you will arrive on the 2nd floor where you will find 3 additional bedrooms and bath, an Open Loft and small balcony overlooking the formal living area. On this level you will also find the Large Owners Suite offering a Large Walk-In Closet and great daylight. The Owners Bath is your retreat after a long day, very well appointed with a Large Garden Tub, Separate Vanity Areas & a Large Walk-In Shower. IS OUTDOOR LIVING ON YOUR CHECKLIST??? Yes, then this one is a must see! SUN, FUN, PLAY, EAT & REPEAT!. This BACKYARD OASIS IS PERFECT for those looking to catch some SUN BY THE POOL & SPA or hang out in the shade next to the BBQ. Since there are NO REAR NEIGHBORS you can enjoy UNINTERRUPTED AND PRIVATE FAMILY FUN ALL DAY! Some other great features of this home to note are 3 Car Garage, No Rear Neighbors, Large Driveway, Large Laundry Room & NEW ROOF (2022). Buckingham Estates offers its residents 24hr Manned Security, Community Amenities to include Clubhouse, Large Pool & Playground. The location is perfect as it is within minutes to the Seminole Wekiva Trail, Shopping, Restaurants and Entertainment as well as all of the Major Roads. Last but not least if schools are important to you then you can check off the last box as you are in the Seminole County School District.
You may be able to put down less than the total down payment amount of $420,793 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #s5106354
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.