2865 Eastham Ln, Kissimmee, FL 34741
3 beds · 2 baths · 1,733 sqft
Under contract-accepting backup offers. Accepting Back Up Offers !! Welcome to this charming, 3 bed 2 bath, end unit single story Townhome with 2 car garage and serene water view. Ideally located in the highly desirable gated community of Cypress Reserve. As you enter the property through the private gated courtyard you are greeted with a touch of elegance to the open family room with newly laid LVP flooring and 10ft Ceilings. The open kitchen is complimented with granite countertops, stainless steel appliances and breakfast bar, perfect for cooking family meals and entertaining. The master bedroom is located at the rear with beautiful water views, spacious walk in closet and en-suite bathroom. The en-suite bathroom has undergone a full renovation using exquisite Jerusalem marble, double vanity and is a perfect retreat for peace and relaxation. The second and third bedrooms and renovated second bathroom are situated towards the front of the property with built in closets and ceiling fans. A new Carrier AC system was installed in 2018. The spacious laundry room comes with advanced washer and dryer. Spend relaxing evenings on the screened in Lanai with water views and beautiful sunsets. The property comes with exceptional HOA benefits including, exterior maintenance, landscaping, weekly lawn care, annual exterior door painting, annual pressure washing of porches and roofs. The tiled roof is fully covered by the HOA for added convenience. Cypress Reserve has amazing amenities such as a sparkling pool, tennis court, playground, and barbecue areas. Situated in an unbeatable location just minutes from the Loop shopping center, Osceola Parkway, 417, and the Florida Turnpike, offering easy access to all your favorite destinations. Don't miss out on this beautiful home in a prime location. Please note: Roof is being replaced by the HOA in the next 30-60 days. Virtual Tour LInk: https://my.matterport.com/show/?m=au4X3NFuYJe&mls=1
Source: STELLAR #O6281964
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6281964
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.