2778 Riverside Landing Dr, Navarre, FL 32566
4 beds · 2 baths · 1,650 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Move in Ready and Meticulously Maintained Traditional Majestic All Brick Beauty. **Seller to replace roof prior to closing with acceptable offer.** This home is perfectly poised on a .25 of an acre on a cul de sac lot in the Riverside Landing community. Warm inviting entrance, soaring vaulted ceilings in spacious living room with a cozy wood burning corner fireplace ~ perfect for the holidays. This split floorplan has two spacious additional bedrooms on one side with ample closet space and another bedroom off the kitchen ideal for office or hobby room. Guest bath has been updated with tile shower, gorgeous vanity and new hardware. Chef's Dream Kitchen has been completely update with rich warm cabinetry, granite countertops, stylish backsplash, stainless appliances: stove, microwave, dishwasher and refrigerator and beautiful tile floors. Master retreat is tucked away at the back of the house for ultimate privacy and the master bath boasts his/hers closet, double vanities and garden tub/shower. This home is light and bright and the best part is the amazing outdoor "Party Patio" perfect for the gameday events, summer BBQ's and holiday gatherings. Dreamy garage with large workbench and tons of cabinets for storage plus a screened enclosure. The completely fenced backyard is a dream with a workshop with 90 amp circuit in shed for ultimate man cave AND a separate yard building for lawn equipment and offers tons of storage. Irrigation system with well, whole house gutter system, extended driveway, Generator transfer panel and 25 ft cable for generator hookup and REME HALO whole home induct air purifier are some of the outstanding features that make this home stand head and shoulders above the rest. Less than 10 minutes from world class Navarre Beach with sugar white sandy beaches, dining/shopping, great schools, Baptist hospital in Gulf Breeze, medical facilities and several military bases. Your slice of paradise awaits on the shimmering Gulf Coast!
Source: PENSACOLA #658976
Source: PENSACOLA #658976
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 and Equal Opportunity Act.