25215 Bolivar Dr, Punta Gorda, FL 33983
4 beds · 3 baths · 2,495 sqft sqft
PRICE TO SELL.. BRING YOUR FIRST TIME HOMEBUYER, VETERAN, OR SECOND HOMEBUYER!! SELLER IS OFFERING SELLER'S CONCESSION WITH AN ACCEPTABLE CONTRACT TO USE TOWARDS CLOSING COSTS OR RATE BUY DOWN! HOUSE IS IN MOVE-IN READY CONDITION. FRESHLY PAINTED INSIDE AND OUT. NEW STOVE TOP. THIS HOUSE HAS A LOT FOR THE NEW OWNER TO ENJOY, (THAT A NEW CONSTRUCTION DOES NOT). LIKE THE FOLLOWING: A RAIN SOFT WATER TREATMENT SYSTEM THROUGHOUT THE HOUSE WITH OSMOSIS DRINKING WATER SYSTEM IN THE KITCHEN, WITH A VERY UNIQUE FLOOR PLAN WITH TWO PRIMARY BATHROOMS IN THE PRIMARY BEDROOM, SO NO SHARING OF VANITY, TOILET, SHOWER OR WALK-IN CLOSETS, WHICH HAVE BEEN UPDATED AND ARE ATTACHED TO EACH BATHROOM. OTHER UPDATES SUCH AS CUSTOM LIGHT FIXTURES, UPDATED PLUMBING, GRANITE COUNTERTOPS IN THE KITCHEN. HUGE FAMILY ROOM. THERE IS ALSO A FORMAL LIVING ROOM AND FORMAL DINING ROOM. HOUSE HAS BEEN WELL MAINTAINED. THE ROOF HAS BEEN REPLACED SINCE IAN AND HAS NEW GUTTERS WITH THE LEAF FILTER SYSTEM AROUND THE ENTIRE ROOF (WHICH NEW BUILDS DO NOT HAVE). THIS 4 BEDROOM AND 3 FULL BATHROOM HOUSE GIVES YOU PLENTY OF ROOM FOR ALL OF YOUR STUFF AND YOU CAN'T LOSE ON THIS ONE. THERE IS ALSO A MANGO PRODUCING MANGO TREE ON THE LOT!! ENJOY DELICIOUS, JUICY MANGOS DURING MANGO SEASON!! MAKE AN APPOINTMENT TO VIEW AND PURCHASE THIS PROPERTY TODAY!
Source: STELLAR #c7499023
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7499023
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.
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: #c7499023