261 SW Beyond Ct, Lake City, FL 32024
3 beds · 2 baths · 1,980 sqft
Price Reduced! Sellers are motivated to be with their family! If you are in need of space and appreciate storage and functionality, this is the place for you! Tucked away in the quiet outskirts between Lake City and Fort White you will find this beautiful 10.02 acre, fully fenced property with two homes. Enjoy daily visits from the local wildlife while relaxing in the Gazebo. Open grass pasture studded with a few large oak trees could make the perfect place for keeping horses or livestock happy. A wooden back deck is the perfect place to light the grill! If you have always wanted your own She-Shed, you will find it here! No sharing required because there are two 12x20 sheds with power and lights, window unit AC in one, roll up door on the other. Another 16 x 24 shed with power and built in shelving gives you even more storage or convertible space! Keep your vehicles safe under the 2-car steel frame carport. Now, step inside the home that looks brand new! The 2022 doublewide has all the features of comfort you could desire. With its island that spans the length of the room, a pantry that seems endless and cabinets for everything, the kitchen leaves nothing to be desired! Three generous sized bedrooms with walk in closets can accommodate family or visiting guests. In the primary en-suite bathroom, you can soak away the days worries in the deep oversized tub beside the beautiful glass shower enclosure. The lot is shared with a second residence! Four bedrooms, two bathrooms built in 2000 with separate family room, dining room and living room! A nice sized kitchen with a pass-through bar to the living room gives the area a more open feel. The large screened front porch is perfect for catching the sunset without fighting pesky mosquitoes! In case there wasn't enough storage space, this home has its own huge shed with power also! Call for a tour and fall in love with your future homestead!
Source: STELLAR #gc523641
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #gc523641
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.
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.
MLS ID: #gc523641
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