2931 NW 13th St, Cape Coral, FL 33993
4 beds · 2 baths · 1,830 sqft
Seller Motivated! Super location! Walking distance to Lake and Canals- love fishing? Canoe? Kayak? Extremely well maintained, Move-In-Ready Single-Family Home -No HOA! On a Triple Fenced Lot. Enjoy a spacious living room with large windows for natural light, perfect for family gatherings or quiet evenings. This home is the epitome of "move-in ready" with no major fixes needed. Perfect for first-time homebuyers or those looking to downsize without sacrificing comfort. Nestled in the heart of a friendly, well-established neighborhood, this 1830 square foot living space is designed for easy living. Split bedroom - 4 bedroom, 2 bath, home offers the perfect blend of comfort and convenience. Spacious fenced yard with fence with a shed. Plenty of room for a Pool. Lovely landscape. Spa with cover on screened lanai for restful comfort after a long day. Roof 2023 with Warranty, 150 feet deep well with new pump. Appliances are refrigerator 2 years old, washer 1 year old, dryer 2017, dishwasher 2 years old, HVAC 2017, Hurricane Shutters. No water damage during Ian! Survey and Elevation Certificate available. School District: Zoned for excellent local schools, making it a great choice for families. Enjoy the community vibe with local parks, shops, groceries, and eateries close by. Don't miss out on making this house your home. Schedule a viewing today and envision your life here!
Source: NABOR #224102546
Financials
Source: NABOR #224102546
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.