3431 Highlands Rd, Punta Gorda, FL 33983
3 beds · 2 baths · 1,710 sqft
Welcome to your Florida lifestyle oasis! This charming 3 bed, 2 bath home offers the perfect blend of comfort and convenience. Step into an open-concept layout with a beautiful kitchen, creating a fresh and inviting atmosphere for everyday living. Relax and unwind in your SPACIOUS IN-GROUND POOL with NEW POOL CAGE or host gatherings on the covered patio, all while enjoying the serene landscaped backyard. This home boasts amazing upgrades, including a Hayward 2.70 THP POOL PUMP installed in 2019 and a fully replaced HVAC system with NEW DUCT WORK in 2020. In 2022, the property underwent significant enhancements, featuring a NEW 1050-gallon dual septic tank with a 5-year warranty, COMPLETE HOUSE RE-PIPING, and the addition of 46 (375 W) LG SOLAR PANELS paired with an Enphase IQ7Plus inverter and Tesla Battery Powerwall 2.0. Embrace sustainable living with the ability to run completely off the grid! The monthly payment offsets the electric bill. In 2023, a mini-split AC unit was added to the garage, along with storage cabinets and a murphy bed, creating additional living space for an in-law suite, man cave or crafting space! Not to mention, a NEW ROOF was installed in April 2023, ensuring peace of mind for years to come. Additionally, NEW IMPACT WINDOWS were installed in February of this year, enhancing both safety and energy efficiency. Enjoy access to Harbour Heights park and boat ramp, providing easy navigation through Charlotte Harbor and into the Gulf of Mexico. Located just 4 miles from the Sunseekers resort, with great dining experiences and shopping opportunities nearby, this property offers unparalleled convenience. Don't miss out on this rare opportunity to embrace the Florida lifestyle with energy-efficient solar panels and prime waterfront access. Schedule your viewing today!
Source: STELLAR #a4606186
Source: STELLAR #a4606186
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: #a4606186