2716 49th St S, Gulfport, FL 33707
4 beds · 2 baths · 1,500 sqft
4 BEDROOM Gulfport Home! NO FLOODING! With 3 BEDROOMS and 1 BATH in main home + 1 BED/1BATH IN-LAW SUITE with PRIVATE ENTRANCE - total 4 BEDROOMS and 2 BATHROOMS! NEEDS some TLC but has great "bones" with newer features: electrical panel box & home rewire 2016, HVAC unit & ducts, hot water tank - 2016 ** 2021 NEW Roof! 58'x108' LOT! The spacious living room is fitted with cove ceilings, rounded door ways, plenty of windows and NATURAL LIGHT. Open-concept KITCHEN with solid wood cabinetry, granite counter-tops, stainless steel appliances (counter depth refrigerator), tile backsplash and undermounted sink. The split floor plan offers large bedrooms with lots of closet space and original oak (refinished) HARDWOOD FLOORS. The in-law suite is quite large and has a built in closet, large tile shower with rain style shower head. A dreamy fenced-in backyard is a great space to entertain and has lots of trees for shade. There is a shed for ample storage space since there is no garage as the garage was converted into an in-law suite. Gulfport offers its own beach, pier, shops, restaurants and this adorable town has so much charm, many have made it their "forever home." Don't wait on this great home with so much potential to sparkle! NO FLOODING/NO DAMAGE on this GULFPORT GEM!
Source: STELLAR #TB8333274
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8333274
To qualify, you must meet the current FHA or VA 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.