3009 Brewster Rd
North Port, FL 34288
3 beds · 2 baths · 2,632 sqft
$319,900
Get prequalifiedAbout this home
SELLER FINANCING AVAILABLE!! SELLER'S ARE MOTIVATED!--Check out this square footage... Over 2600 sq. ft. of living area situated on 1/3 acre of land! With 3 bedrooms, a separate office/den with french doors, and an extended bonus room/family room, you can customize this home to your needs. Needs a bit of TLC but there is so much potential! Property is not in a flood zone, has public water, and there are no homeowners association fees or deed restrictions to worry about. Vaulted ceilings offer a sense of even more spaciousness. The primary bedroom is huge with walk-in closets, and its luxurious en-suite bathroom includes a 'car wash' style shower with a separate garden tub and dual sinks. Being a split plan, the second and third bedrooms share the hallway with the guest bath on the other side of the house offering added privacy. Sliding glass doors lead out to the enclosed Florida room, which in turn leads to an additional large outdoor screened lanai. Bring your vision to this home and transform it into your perfect blend of comfort and personalized charm. This property affords a great opportunity to create the home of your dreams, conveniently located near I-75 and a short distance to many shopping, dining, entertainment, and outdoor recreation areas. Additionally, plenty of public boat launches and beaches are within a short drive, so you can pick and choose where you want to relax, swim, and/or fish for the day!
Source: STELLAR #C7498756
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.