3932 Manor Oaks Ct, Leesburg, FL 34748
2 beds · 2 baths · 1,885 sqft
Get spoiled at this wonderful home in the heart of the Plantation at Leesburg Community, considered by many to be one of the best places to retire in Florida. Plantation at Leesburg is a sought-after 55+ gated and guarded community known for its abundant amenities, world-class golf, excellent curb appeal, and vibrant lifestyle. Buyers should inquire about applying to assume the Seller's ultra-low rate mortgage. Ask your agent for details! This stunning two-bedroom, two-bathroom residence is not just a home; it's a gateway to the lifestyle you've always dreamed of. Offering 1800+ square feet of elegantly appointed living space, this property combines comfort, style, and convenience in one perfect package. As you approach this beautiful home, you'll immediately notice the tastefully decorated driveway and meticulously manicured lawn leading up to a relaxing screened front patio. The welcoming double-door entrance ushers you into a world where every detail has been carefully selected for your comfort and enjoyment. Step inside to discover a home that's not only move-in ready but also sold fully furnished. The freshly painted walls in soothing blue-grey tones and the newly installed luxury vinyl plank floors radiate warmth and elegance. The abundance of natural light streaming through expanded windows enhances the open, airy feel of the space, making it truly welcoming. The heart of this home is undoubtedly its two large bedrooms and two full bathrooms, each designed with your comfort in mind. The bathrooms boast upgraded counters and lovely vessel sinks, adding a touch of sophistication to your daily routine. The large bedrooms provide a tranquil retreat after a day of activities with friends. Entertaining is a breeze thanks to the large dining area and a Florida room that offers a stunning view of the firepit located in the spacious backyard. Culinary enthusiasts will be delighted by the upgraded kitchen, featuring brand-new stainless-steel appliances, ample counter, and cabinet space. Adjacent to the kitchen, you'll find an indoor washer/dryer room for added convenience. The lanai is accessible through additional sliding doors and provides an inviting space for enjoying the Florida sunshine. This charming home also boasts a spacious backyard, perfect for outdoor entertaining. Picture cozy evenings gathered around a charcoal/wood burning firepit. Beyond the beauty of this home lies the Plantation at Leesburg community, a haven for active adults seeking a secure and peaceful lifestyle. With access to two 18-hole semi-private golf courses, complete with PGA professional assistants, golf enthusiasts will find themselves in paradise. The Plantation at Leesburg also boasts three fully equipped clubhouses, three sparkling swimming pools, an on-site restaurant, a dance floor, a theatre stage, fishing ponds, and more activities than you can imagine. It's a community where every day can feel like a vacation. From the maintenance-free gutters equipped with leaf guards to the luxury of living in a safe, active community, every detail of this total package has been designed to offer you the best of Florida living. Don't miss your chance! Call today to schedule a showing and step into the life you've always dreamed of.
Source: STELLAR #o6195303
Source: STELLAR #o6195303
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “Save search” 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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.