315 W Sabal Palm Pl, Longwood, FL 32779
3 beds · 2 baths · 2,131 sqft sqft
MOVE IN READY**Welcome to this stunning immaculate Home featuring over 2100 sqft of open living space. The home is located in the desirable community of Sabal Point, known for its walking/biking trails with many parks and wooded areas. Best of all the HOA dues cover all lawn and landscaping making it the perfect Florida living. The home offers ample three bedroom two bath with separate living room with a possible fireplace ( previous owner had it sealed but can be converted back) , family and dining room, all with beautiful window shutters . As you enter the high cathedral ceilings give an airy feel throughout the home. The family room with its built in cabinetry is conveniently located not too miss any of the action in or out, seeing the natral green area. The luxury kitchen overlooking the family and dining room, offers an ideal peninsula with lots of counter and cabinet space. The primary bedroom is a comfortable size with a large ensuite bath with double vanity and walk in closet with custom built shelving. The first bedroom offers a charming built in window bench with storage and the second with french doors can be easily used as an office if desired. The home also has an inside laundry room with extra storage space, and washer/dryer do stay with the property. The property was fully re-plumbed in 2021. The roof in 2022, water heater 2020, and newer ac unit. The two car garage offers plenty of storage shelving as well as it’s equipped with 240v plug for electric vehicle charging. It's a must see to appreciate all of her beauty. To top it off Sellers are Offering a Full Year of HOME WARRANTY for that extra special Peace of Mind...
Source: STELLAR #o6223746
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6223746
Source: Public records
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: #o6223746
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.