310 Main St, Sebastian, FL 32958
3 beds · 3 baths · 1,827 sqft
Such a beautiful home, a happy place. This home has been exquisitely maintained by the current owners. Extras abound in this nice property: superb pool, solar panel owned which come with the home, a quiet backyard near a canal, and close proximity to the golf course. A home that brings happiness. One cannot fail to notice this beautiful property while strolling or driving down Main Street. This lovely residence, which presents itself with very tastefully done exterior decorating and a really well-chosen color scheme, exudes a sense of tranquility. One may picture herself or himself lounging on the back porch, taking a morning coffee, or spending an enjoyable afternoon with family or friends. This house seems to often invoke the concept of "more," suggesting that there is more to discover than meets the eye. Living in the present moment on this property enables you to fully appreciate everything that it has to offer. The back porch is warm and inviting, with a large swimming pool. The interior of the house operates in a highly effective, well-coordinated manner. Having windows that look out onto the street and excellent lighting makes for a happy working day. The kitchen is well organized and well equipped. The triangle formed by the stove, refrigerator, and sink in the kitchen is crucial and essential, according to home builders and designers. What a fantastic job they did here! Additionally, the breakfast bar turns into a welcoming spot to sip drinks or eat while someone is cooking. An open concept for the entire kitchen, dining area, and living area offers so much to enjoy alone or with company. This house's main space features a great, neutral, high-quality, versatile floor tile. The bedrooms are spacious (please note their generous dimensions). The current owner has proudly and wonderfully maintained this house. What a fantastic home in one of the thriving areas of Florida, Indian River County! Yes, a happy place you can proudly call "my home."
Source: STELLAR #o6200141
Source: STELLAR #o6200141
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What 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.
MLS ID: #o6200141