3333 KAYAK WAY, Orlando, FL 32820
Absolutely gorgeous Estates at Lake Pickett single level, 4 bedroom, 3 bathroom, 3 car garage, 2018-build Pulte home situated on a fully fenced 0.50 acres with deeded access to private Lake Pickett. This open floor plan home features a beautiful and fully-equipped kitchen that flows right into the gathering room, a soothing owner's suite tucked away in the back of the house, and a perfectly placed drop zone off the tandem 3-car garage and spacious laundry room with utility sink and ample storage space. The crisp, clean kitchen features a large island with bar seating, stone counters, stainless steel appliances, and a fantastic pantry that can hold all your bulk-buying finds! Open the sliders out to the screened-in lanai for seamless indoor/outdoor entertaining. Or, simply enjoy hosting in the dedicated dining room. The owner’s suite offers ample space to unwind from the day as does its amazing dressing room with two defined sides, a beautifully tiled shower, and dual sinks. Looking for a spot for your new pool, playground, or dog run? This home provides a beautiful backyard to turn into your vision for your household or just relax and simply enjoy the breeze. Other special highlights include a brick paver driveway, a beautiful glass door to welcome the day’s soft sunlight, surround sound ceiling speakers in the living room and outside in the lanai, custom light fixtures throughout, fully wired for a smart home, roomy secondary bedrooms, and a beautifully landscaped approach. Enjoy peace of mind in all seasons with a NEW ROOF 2024, a 240v outlet for a generator and your electric vehicle, an entire home water softener system installed in 2021, well water for the irrigation system, and a freshly painted exterior. The Estates at Lake Pickett Community provides residents with exclusive access to the private 763-acre Lake Pickett, including a private community dock, boat ramp, and park. Situated in gated East Orlando, it is conveniently close to Waterford Lakes Town Center, UCF, Central Florida Research Park, Oviedo, and SR 408/417 for a seamless commute to downtown Orlando. Call today for your private showing. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
You may be able to put down less than the total down payment amount of $312,085 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6188370
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.