2721 Shady Ave, North Port, FL 34286
3 beds · 2 baths · 1,398 sqft sqft
LOCATION, LOCATION, LOCATION!! You'd never guess restaurants, shops and schools are just around the corner! A home that radiates good taste, quiet charm and quality construction (no hurricane damage ever). You'll feel right at home the minute you step into this spacious, wide open 1400 SF 3-bedroom, 2-bath split floor plan with centralized Great Room, kitchen and dining room. Soaring ceilings! The kitchen is designed for convenience and practicality with granite counters, breakfast bar, top-of-the-line stainless appliances, and reverse Osmosis providing clean, filtered drinking water. Master bedroom with ensuite bath and large walk-in closet. GARDEN LOVER? Must see the beautiful back yard with a delightful storybook setting, planting shed with benches and two sheds (one with electric) to store all your landscaping equipment. Plenty of room for pool! Tasteful upgrades throughout! No corners were cut here when it came to the important things. Upgraded fans and lighting throughout! Fresh new paint inside and out! Gleaming laminate floors in main living areas, carpet in bedrooms. French doors from dining room lead out to a large covered/screened lanai with privacy shades, wired for hot tub/spa. Hurricane shutters for all windows and doors. Gutters all around. Rain barrels. Extra laminate, tile and shingles. Septic pumped 2 years ago. Sentricon termite system. Brand new well equipment (warranted for 5 years). New roof 2022. Attached 2-car garage with lots of extra storage and work bench. Extra insulation in the floored attic overhead. Being offered with a one-year home warranty for added peace of mind. NON-DEED-RESTRICTED! NOT IN FLOOD ZONE! LOW TAXES! WHOLE-HOUSE SURGE PROTECTION! UNDERGROUND UTILITIES! BRAND NEW 3-TON RHEEM AC, WITH 10-YEAR EXTENDED WARRANTY! Don't delay, schedule your personal showing today! PERFECT FOR FIRST TIME HOME BUYERS, FAMILIES, AND SNOWBIRDS ALIKE! NOTHING TO DO BUT ENJOY! Owners have lavished care and now been transferred. Sad for them, lucky for you!
Source: STELLAR #c7493310
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7493310
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: #c7493310
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.