4 Greve Ct
Pensacola, FL 32507
3 beds · 1 baths · 1,079 sqft
$249,900
Get prequalifiedAbout this home
Bring your boat! Bring your kayak, wave runner, and paddle board. It's EASY living in Navy Point. This cottage is the perfect location for taking advantage of all things outdoor. The backyard oasis is set to attract wildlife with jasmine on the fence, wisteria by the pergola, in addition to Shrimp plant, Bottlebrush, Iris, Trumpet vine, and more. The interior aesthetic is calm but bright, with a lot of natural light. The recessed lighting and plantation blinds, are a few of the things that give off an inviting feel. And it's the perfect time of year for using the gorgeous white brick fireplace to stay warm and toasty while drinking hot chocolate. The stove is brand new and all other kitchen appliances are less than 3 years old. An On-Demand water heater will give you endless hot water while being space efficient, energy efficient, and a lower utility bill. A few more items of interest are fresh interior paint, original hardwood floors, backlit anti-fog bathroom mirror, and NO HOA. It's situated approximately 520 feet to the Navy Point boat launch and walking trail, 1.5 miles to the Visitors Center at NAS, 4.5 miles to Maritime Park and downtown, and a 22 minute drive to Johnson Beach. So bring your boat, kayak, wave runner, or walking shoes. And don't forget your favorite lawn chair for the neighborhood get-togethers in the park. Seller has a clear WDO report. Make an appointment to see this home today.
Source: PENSACOLA #646060
5-year savings
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FAQs
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.
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.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.