25712 TIMUQUANA DR, Sorrento, FL 32776
Welcome Home to this Stunning custom home on over 3/4 of an acre in the country and shows proud ownership the minute you arrive with so much attention to details and loaded with high end features. Upon entering the home you will notice the beautiful engineered hardwood flooring, soaring ceilings and double crown moulding. The kitchen, is at the center of this amazing home, is truly a chef's dream. Designed with multiple cooks in mind, it contains two workstations, each with their own farmhouse sink, top of the line whisper quiet stainless steel appliances, a Mercury 48" range with induction stove top, two full size convection ovens and separate broiler, direct vented hood, double stacked cabinets with glass inserts, drawers for all the lower cabinets and granite countertops. The huge 7' by 3' center island offers great prep space and extra seating. The kitchen is open to the living, dining and outdoor screened in porch, providing for easy entertaining for all your family and friends. Private Double Master suites flank each side of the living room. Each wing contains its own en suite bathroom, equipped with stylish porcelain tile, double vanities with granite counters, bluetooth lighted mirrors and a huge handicap accessible shower with body jets and rain-head shower. There is an extra deep soaking tub for relaxing after a long days work in one master, the other bathroom is plumbed and wired for a jetted tub. Each wing also contains large walk-in closets with built-in shelving. The third bedroom and third bathroom are located near the front of the home. Other custom features include 3 separate heating and cooling zones, whole house water filtration, energy efficient LED lighting, fire suppression sprinkler system ,tankless hot water heater,3 Ring security cameras plus a solar powered entry gate security camera, brand new exterior and all interior paint , LED lighted custom tray ceiling in Living room, new irrigation system, custom solar landscape lighting, oak trees professionally canopied, high impact double paned windows, custom blinds and privacy tint just to name a few. Oversized garage with a Versa lift attic storage lifting system and extra long driveway with an in-ground adjustable basketball hoop that can accommodate multiple vehicles with extra parking in the back for storing a boat or RV. Plenty of space in the large fully fenced in property with gate to add a pool or outbuilding. Perfect location for those looking for privacy but want convenient access to all the amenities Lake County and surrounding areas has. Don't miss this one and Schedule your showing today for this fabulous home!
You may be able to put down less than the total down payment amount of $313,528 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: #o6236256
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.