292 Dorchester St, Port Charlotte, FL 33954
2 beds · 1 baths · 896 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Welcome to your New Home! Discover this stunningly remodeled home that blends comfort, style, and functionality. With meticulous updates throughout, this property is a perfect retreat for anyone seeking a move-in-ready space. Enjoy granite countertops, newer stainless steel appliances, and beautiful wood cabinets that provide ample storage and contemporary elegance. New floors and a fresh coat of paint provide a bright and inviting ambiance in every room. LED lighting, new canned lights, and stylish fixtures illuminate the home beautifully. New doors, updated hardware, and baseboards add sophistication and charm. The enclosed lanai provides additional space and is prepped for a window AC unit (the current unit is not functional). The oversized backyard provides endless opportunities for outdoor enjoyment, gardening, or entertaining. Newly installed front gutters improve drainage, and the house has been re-piped with durable PVC for peace of mind. A septic tank approximately three years old and a 12 x 20 shed with a metal roof enhance the property’s value.The garage includes an A/C vent from the central system and extra insulation, making it comfortable year-round. Conveniently situated close to beautiful beaches, shopping centers, golf courses, and excellent medical facilities. This remodeled gem is packed with thoughtful upgrades and perfectly located to meet all your needs. Don’t miss the chance to call this stunning home yours!
Source: STELLAR #A4630594
Source: STELLAR #A4630594
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.