4 Nottingham Way, Haines City, FL 33844
2 beds · 3 baths · 2,220 sqft sqft
Back on the market due to buyer’s financing falling through. Experience the peace and tranquility of living in the gated community of Grenelefe Country Club. This well-maintained townhome features 2 master bedrooms and 2.5 bathrooms and is surrounded by beautiful green areas, mature trees, and plenty of private space for outdoor enjoyment. Throughout the house, you'll find stunning views from various vantage points. As you enter the property, you'll notice the natural touches inside, including wooden floors and handrails, as well as numerous details made from the same material. The cozy and well-lit foyer gives you the option to access the two master bedrooms on the first level or take the stairs to discover the expansive living room with vaulted ceilings. The first level includes a dining area, wet bar, kitchen, and a beautiful sunroom with spectacular views this area can be use as a lounge, library, gym, play area, and more. Additionally, you’ll also find stairs that would lead you up to a spacious loft that could be use as and office, mediation room or even like a guest/ day room — the possibilities are endless. The current owners have made significant upgrades to the kitchen in 2022, including all-new appliances, sink, and new laminate countertops. The roof was replaced in 2020, and in 2021 a new air handler and booster unit were installed for the bonus loft area. Further improvements in 2022 included a new water heater and an entire plumbing replacement in the kitchen. In 2023, both the panel and electrical wiring were updated, a new well pump was installed, and a new screen porch was also installed. Additionally, a smart thermostat was added, and the external part of the chimney was reinforced to withstand storms and hurricanes. This property is conveniently located near I-4, providing quick access to theme parks, renowned golf courses, shopping malls, restaurants, and much more. Don’t wait any longer to schedule your showing and make this property your future home! The current owner has put a lot of love and care into this house, her family is growing and ready to upgrade their home.
Source: STELLAR #s5089350
Source: STELLAR #s5089350
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: #s5089350
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.