3704 Ulman Ave, North Port, FL 34286
4 beds · 3 baths · 2,265 sqft
Searching for space? Check out this incredibly charming, ranch-style home with 4 bedrooms, 3 bathrooms, a 1 car attached garage and an additional EXPANSIVE DETACHED GARAGE. Better yet? It’s sitting on a sprawling THREE ACRE PARCEL zoned agriculture so you can finally start the mini farm of your dreams! Featuring a 2014 METAL ROOF with gutters, IMPACT WINDOWS and DOORS in an X FLOOD ZONE – peace of mind is top of the list for benefits to be had here. Inside, an open floor plan impresses you with a vaulted ceiling great room, custom electric fireplace and stunning chef’s kitchen with double oven, expansive island, custom cabinetry and gorgeous quartz countertops! Two large bedrooms set at the front and back of the home featuring ensuite bathrooms giving you TWO PRIMARY SUITES – one with a custom walk-in closet, soaking tub, dual sink vanity and impressive walk-in shower. Tucked down the hall on the opposite side are two more guest bedrooms, a guest bath with tub/shower combo, an interior laundry room and access to the attached one car garage – facing the rear. A 1,200 SQUARE FOOT DETACHED GARAGE with oversized door is perfect for RV/BOAT parking and your hobby/workshop/storage needs. Additional features include new luxury vinyl plank flooring, upgraded water heater with circulating pump, 16x10 shed and an expansive screened in lanai overlooking the large yard. This home just needs a few finishing touches inside to realize it’s full potential and with plenty of room outside for a barn, pool, firepit, garden, etc. – it is sure to be a spot you can move to forever! Call today to schedule your private viewing. SEPTIC/WELL with water softener system.
Source: STELLAR #d6137644
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #d6137644
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: #d6137644