25153 E LENOX CIR, Punta Gorda, FL 33950
A Stunning Villa in WATERFORD ESTATES IN BEAUTIFUL Punta Gorda, FL. NOTE: Assumable VA Loan @ 2.5. Waterford Estates is a vibrant gated community nestled in a serene corner of beautiful Punta Gorda. This lively neighborhood a wealth of amenities, including a well-appointed Clubhouse, two sparkling pools, a fully equipped gym, a spacious community room for gatherings and events, and sidewalks surrounding the community for your walking pleasure. Whether you enjoy bocce ball or pickleball, there’s something for everyone to stay active and engaged. Best of all, you’ll be greeted by some of the friendliest neighbors around, making you feel right at home from the moment you arrive. Step into luxury with this beautifully appointed Two-bedroom, Two-bath plus a Den villa located in the heart of Punta Gorda. This home exudes style and sophistication, offering the perfect blend of modern upgrades and classic charm. This villa features elegant and durable luxury vinyl plank flooring throughout, providing a warm and inviting ambiance that flows seamlessly from room to room. Enjoy both style and functionality with plantation shutters installed on every window, allowing you to control the natural light while adding a touch of Southern charm. The kitchen is a chef’s dream, featuring a deep custom sink that makes meal prep a breeze, complemented by upgraded light fixtures that enhance the space with a modern flair. The main bedroom is a sanctuary of comfort, complete with extra shelving for all your storage needs, making it easy to keep your space organized and clutter. The main bathroom offers a spa-like experience with a glass sliding door in the shower, adding both elegance and convenience to your daily routine. Throughout the villa, you’ll find upgraded light fixtures and fans, adding to the home’s stylish appeal and providing both form and function. This villa in Punta Gorda, FL, isn’t just beautiful inside—it offers an array of exterior features designed to enhance your comfort, safety, and convenience. Stay cool year-round with an upgraded, extra-large AC unit that ensures efficient climate control, keeping your home comfortable even during the hottest Florida days The garage is more than just a space to park; it’s a well-maintained extension of the home, featuring durable epoxy flooring that’s easy to clean and resistant to wear and tear. Protect your home from the elements with wrap-around rain gutters that efficiently manage water runoff, safeguarding your foundation and landscaping. Safety is paramount, and this villa is equipped with custom-made accordion hurricane shutters, providing peace of mind during storm season while adding a layer of security year-round. Enjoy your outdoor space in any weather with a closed lanai featuring acrylic windows. This space offers the perfect balance of indoor comfort and outdoor enjoyment. The lanai is further enhanced with carpeting and custom-made solar shades, creating a cozy outdoor living area that’s protected from the sun’s harsh rays, making it ideal for relaxing or entertaining. This villa offers a perfect blend of luxury and practicality, making it an ideal choice for those seeking a well-appointed home in a vibrant community. This villa is more than just a home; it’s a lifestyle. Don’t miss the chance to make this beautiful space your own. Contact us today to schedule a viewing and see all that this stunning villa has to provide!
You may be able to put down less than the total down payment amount of $90,125 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: #c7497078
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.