2673 Greendale Rd, North Port, FL 34287
3 beds · 2 baths · 1,320 sqft
Short Sale. GREAT REHAB. Private financing available with 40% down and 2 year balloon. HOME NEEDS A NEW ROOF and DRYWALL CEILING REPAIRS! Looking for a quiet street with a nice big fenced yard? This 3/2/1 with possible 4th BED located in the Jockey Club has city water plus city sewer and is NOT IN A FLOOD ZONE! PRIVACY GALORE with 70ft green belt located on right side and 100ft behind home. Modern kitchen with stainless appliances, tile throughout, inside laundry room, big living room and oversized back screen lanai. The Jockey Club activity Center is only a bike ride or walk away with heated pool, club house, shuffleboard, corn hole, pickleball coming, activities and basket ball and dog park nearby with the low annual payment of $240 per YEAR; NO CDD fee. Close to local shopping, including CocoPlum Shoppes, WalMart, Home Depot medical, dining, and other amenities. Easy access to I-75, The North Port Aquatic Center, newly built downtown area of Wellen Park , Punta Gorda, Ft Myers or Sarasota airports. and the historic Warm Mineral Springs Park, with the only warm spring in Florida! The Charlotte Sports Park for the Tampa Bay Rays & Charlotte Stone Crabs along with the Atlanta Braves Spring Training Facilities. Just minutes to area's famous Gulf Beaches including Manasota Key, Venice Beach, Boca Grande, and the world-famous Siesta Key. Sarasota County also offers some of Florida’s finest golf courses. Sold AS-IS! DONT DELAY, come see this opportunity TODAY!
Source: STELLAR #c7496822
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7496822
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: #c7496822
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.