2500 DOVETAIL DR, Ocoee, FL 34761
Charming 3-Bedroom, 2-Bath Bungalow with Modern Updates and Enclosed Florida Room Welcome to your new home! This beautifully updated bungalow combines classic charm with modern convenience, offering a perfect blend of comfort and style. Situated in a welcoming neighborhood, this 3-bedroom, 2-bathroom gem is ideal for families, professionals, and anyone looking to enjoy the tranquility of suburban living. Property Features: Inviting Curb Appeal: As you approach the home, you'll immediately notice its well-maintained exterior, featuring a fresh, new roof and gleaming new gutters that promise durability and peace of mind for years to come. The manicured lawn and lush landscaping create a warm, welcoming atmosphere. Spacious Living Areas: Step inside to discover a bright and airy open-concept living space that exudes warmth and comfort. The living room boasts large windows that flood the area with natural light, highlighting the tasteful neutral decor and elegant hardwood floors that flow throughout the home. The heart of the home is the cozy kitchen, equipped with a brand new refrigerator and microwave. The master bedroom is a serene retreat, complete with ample closet space and a well-appointed en-suite bathroom. The two additional bedrooms are generously sized, offering versatility for family members, guests, or even a home office. Each room is thoughtfully designed with comfort in mind. Both bathrooms have been tastefully updated with modern fixtures and finishes. The master bath features a stylish vanity, a spacious shower, and plenty of storage, while the second bath is conveniently located near the additional bedrooms. Enclosed Florida Room: One of the standout features of this home is the charming enclosed Florida room. This versatile space is perfect for enjoying your morning coffee, relaxing with a good book, or entertaining guests year-round. Its large screened in area provide panoramic views of the backyard, blending the indoors with the beauty of the outdoors. Outdoor Oasis: The backyard is a private retreat, ideal for outdoor living and entertaining. Whether you envision a garden, a play area, or a serene space for relaxation, this backyard offers endless possibilities. The new gutters ensure that rainwater is efficiently directed away from the home, keeping the outdoor space well-maintained. Additionally, this bungalow is equipped with modern amenities, including central heating and cooling, updated electrical and plumbing systems, and a convenient laundry area. The attached garage provides ample storage and easy access to your vehicle. This delightful bungalow is not just a house; it’s a home where you can create lasting memories. Don’t miss the opportunity to make it yours. Schedule a showing today and experience firsthand the perfect blend of comfort, style, and modern updates that this property entails.
You may be able to put down less than the total down payment amount of $57,789 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: #o6238483
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.