2531 Seabranch St, Orlando, FL 32828
5 beds · 3 baths · 3,293 sqft
*WELCOME TO THE HIGHLY-DESIRED COMMUNITY OF AVALON PARK!* BOASTING TOP A-RATED SCHOOLS, and the Most Interactive Community Experience with Events, Restaurants, and More! MAKE THIS BEAUTIFUL SPACIOUS HOME YOURS! Featuring nearly 3,300 SF!** 5 Bdrms PLUS DEN/OFFICE, 2.5 Baths, 2-Car Garage ** At First Entrance, Enjoy the Front Porch Space; the Perfect Spot to have your coffee in the morning with a serene view of the Conservation across the street, creating optimum Tranquility and Privacy. This Home has a Living Room Space and Family Room. An Open Floor Plan makes the Kitchen the HEART OF THE HOME, with a Large Gourmet set-up, featuring an Island PLUS Bar Seating, and a Large Eat-In Breakfast Nook. The Kitchen also includes 42-inch Cabinets, TONS of STORAGE (cabinet space and countertop space), STAINLESS STEEL APPLIANCES, Closet Pantry, and an Open View to the Living Room. The Kitchen also features a separate Bar Area for a Coffee Bar or Beverage Bar, whatever your heart desires! Downstairs includes a Half Bath, Double Door Entry into the Den/Office Space, and the Primary Bedroom. The Primary Bedroom includes an Ensuite Primary Bath, and two WALK-IN CLOSETS. The Primary Bath includes a Garden Tub, Walk-In Shower, and a Private Toilet with DUAL SINKS. Upstairs there are 4-Bedrooms, and one Full Bath with DUAL SINKS. One of the 4 bedrooms is oversized like a BONUS ROOM, perfect for a large family or for an Extra Space for a Game Room, Play Room or Movie Room. Enjoy the Covered Lanai in the Backyard, Fully Screened-in! Avalon Park’s HOA includes INTERNET & CABLE, as well as a Community Pool, Park and Playgrounds! Roof was replaced in 2018! DO NOT MISS THIS IDEAL AVALON PARK PROPERTY! MUST-SEE, MUST-HAVE!
Source: STELLAR #O6292636
Financials
Source: STELLAR #O6292636
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.