2819 Silver Palm Dr, Edgewater, FL 32141
3 beds · 2 baths · 1,399 sqft
Get a free consultation call with an expert in the mortgage assumption process.
MOTIVATED SELLER!! Seller offering 5k roof credit!! Welcome to this charming two-story pool home in the heart of Edgewater, where comfort, space, and style blend seamlessly to create the perfect forever home—with no HOA fees! Offering 3 bedrooms, 2 bathrooms, a flex room which is currently an open loft that could easily serve as a fourth bedroom, this home provides the versatility today's families need. Step inside and be greeted by vinyl flooring throughout, combining modern aesthetics with lasting durability. The kitchen is remodeled, featuring quartz countertops, shaker-style cabinetry, stainless steel appliances, and a functional bar/island combo that effortlessly connects the kitchen to the inviting living room. Whether you're whipping up a quick meal or entertaining a crowd, this open layout is designed for both function and flow. The living room's cozy wood-burning fireplace sets the stage for warm, memorable evenings with family and friends. The primary suite is conveniently located on the main floor, providing privacy and direct access to the backyard retreat through sliding glass doors that open to the pool area. The en-suite bathroom has been thoughtfully updated, delivering a touch of modern comfort and style. Upstairs, the open loft offers endless potential as a fourth bedroom, office, playroom, or media space, while the two additional bedrooms are generously sized and full of natural light. Outside, your fully fenced backyard is a true oasis. With ample room for your RV, boat, or other outdoor toys, this space is as functional as it is beautiful. A stunning pergola wrapped in fragrant honeysuckle creates a peaceful spot for morning coffee or evening relaxation. And the centerpiece? A gorgeous inground heated pool with spaperfect for year-round fun and Florida living at its finest. Ideally located just minutes from local restaurants, shopping, parks, and schools, this Edgewater gem offers the ultimate combination of location, layout, and lifestyle. Don't miss your opportunity to make this exceptional property your new home! All information deemed accurate but cannot be guaranteed. Pool pump 2024. AC 2021, hot water heater 2018.
Source: STELLAR #V4941994
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 #V4941994
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 and Equal Opportunity Act.