32118 Harris Rd, Tavares, FL 32778
4 beds · 2 baths · 2,104 sqft
Under contract-accepting backup offers. Welcome Home! Don't miss the opportunity to own this beautiful 4-bedroom 2-bathroom single family residence located in the heart of Tavares. This property is comprised of a 1,720 sq/ft main home and an additional 400 sq/ft detached space with water and air conditioning making it a total of just over 2,100 sq/ft of living space with no HOA. This property underwent an extensive renovation in 2021. When arriving to the property you are greeted with a landscaped front yard, an oversized carport for parking and storage, and an enclosed porch perfect for enjoying your morning cup of coffee. Stepping inside you will find your living room with large windows allowing vast amounts of natural light to shine through, laminate flooring, and a wood-burning fireplace perfect for the winter season. Directly to your right, you will find two oversized bedrooms with walk-in closets ensuring all of the family has ample space. You also have a spacious shared bathroom with a washer and dryer area inside making the chores of laundry seamless. Towards the center of the home you will find your kitchen with newer stainless steel appliances, granite countertops, and a breakfast nook. Heading into the back of the home you have a hallway with a built-in bench for seating, a pass through window from the kitchen and a third bedroom with tiled floors and a large closet. The master bedroom is spacious with a built-in entertainment center, large windows overlooking the beautiful backyard, his and hers closets, and an en suite bathroom with a tiled walk-in shower, toilet, and vanity. The oversized backyard is fully fenced with rear gates allowing great access for work trailers or boat parking. You also have a covered patio and a 400 sq/ft detached building with laminate flooring, running water, and a large storage closet making the perfect space for someone wanting more privacy and utilizing it as a bedroom or wanting to build their dream game room. This home has so much to offer while also being competitively priced, not to mention being seconds away from some of Florida's best fishing lakes. Don't wait, schedule your private showing today!
Source: STELLAR #v4936839
Source: STELLAR #v4936839
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: #v4936839
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.