36400 Washington Loop Rd, Punta Gorda, FL 33982
2 beds · 2 baths · 1,520 sqft sqft
Welcome to your countryside oasis! Nestled on over 10 acres of picturesque land, this remarkable property offers an unparalleled blend of rural charm and modern amenities. Perfect for nature enthusiasts, hobby farmers, and families alike, this estate boasts an array of features that cater to a diverse range of interests. As you enter the property, you'll be greeted by the serene beauty of rolling pastures and lush greenery. Horse stalls and spacious paddocks provide ample room for equestrian pursuits, while an ostrich pen, cow pastures, and a turkey pen add to the charm of this rural retreat. For those with a penchant for sustainable living, the chicken coop and pig pen offers the opportunity to raise your own farm-fresh produce and livestock. And there is so much more! But the amenities don't stop there. This property is also equipped to accommodate guests with ease, featuring three full RV hookups perfect for Airbnb rentals, along with two additional RV sites with partial hookups. Whether you're hosting friends and family or seeking supplemental income, the possibilities are endless. Gather around one of the fire pits on cool evenings, sharing stories and roasting marshmallows under the starlit sky. Enjoy the tranquility of nature as you explore the grounds, spotting local wildlife and soaking in the peaceful ambiance or watch the fire roaring from your private hot tub while gazing at the stars. Oh and don't forget the half-sunken pool to cool off in after a day of fun. For those in need of storage or workspace, two horse barns and an outbuilding with two small rooms offers ample space to pursue hobbies or store equipment. Located in a serene rural setting, yet just a short drive from local amenities and attractions, this property offers the best of both worlds. Whether you're seeking a private retreat, a working farm, or an income-generating investment, this unique estate offers endless possibilities for you and your family to create lasting memories. Don't miss your chance to own a piece of paradise. Schedule your private showing today and experience the magic of country living at its finest.
Source: STELLAR #a4609165
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4609165
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: #a4609165
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.