2642 Staley Ct, Orlando, FL 32818
3 beds · 2 baths · 1,509 sqft
CHARMING RENOVATED 3 BEDROOM HOME WITH MODERN UPGRADES! Ready for a buyer to call "home sweet home". This 3 bedroom/2 full bathroom beauty is move-in ready. Step inside to a bright and airy, open concept dining and living space which is perfect for family gatherings or entertaining. The heart of the home is the completely remodeled kitchen featuring brand new 36" inch cabinets providing plenty of storage, stylish quartz countertops, sleek matte black hardware, and modern brand new stainless steel appliances. The chic backsplash ties the space together making this kitchen a showstopper! The oversized living room is complete with a wood burning fireplace and access to the backyard. Bring your HGTV ideas! Create your own backyard oasis or enjoy family backyard BBQ's in the huge, fenced-in backyard. Both bathrooms have been fully remodeled with contemporary finishes to give that spa feeling. The home is a split floorplan creating a private retreat for the primary bedroom. This home comes complete with brand new LVP flooring, new light fixtures throughout, new ceiling fans, freshly painted interior and exterior, brand new A/C installed 9/2024 and brand new roof as of 9/2024. The home includes fully paid off solar panels, offering energy efficiency and significant savings during the hot summer months. This home offers so much value for the price! Don't miss out on this opportunity, schedule a showing today.
Source: STELLAR #o6249568
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6249568
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: #o6249568
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.