4051 GREYSTONE DR, Clermont, FL 34711
**BRIDGESTONE BEAUTY** Live among the “Legends” and enjoy Florida living at its finest! Located in the desirable Legends Golf & Country Club community in Clermont, this 4-bedroom 3-bath beauty featuring a newer roof (2021) and HVAC system (2020) has so much to offer its future owners, including a 3.25% assumable mortgage! The property is situated on an oversized lot in the rear of the Bridgestone neighborhood offering you more privacy and separation from the main community road. As you pull up to the property, you’ll notice the recently refreshed landscaping and warm, inviting entry way. This split floor plan home has 2 separate living spaces, 2 separate dining spaces and a separate laundry room off the garage entry way. The spacious kitchen overlooks the family room and features stainless steel appliances, double oven, expansive pantry, and built-in desk/workstation. The large, screened-in lanai can be accessed from the family room, formal living room or master bedroom and offers the perfect outdoor space for entertaining with a great view of the oversized yard and beautiful trees. The master bedroom is located on the left side of the home and features dual walk-in closets, dual vanities, garden tub, spacious walk-in shower and separate bonus room that could be used as an exercise space/gym, reading retreat, office, etc. The second and third bedrooms are located on the right side of the home and share a full bathroom with dual sink vanity and shower/tub combination. The fourth bedroom is in the back of the home with access to the third full bathroom that has a walk-in shower and door leading to the lanai area. The scenic, gated entrance to Legends provides 24-hour guarded security, and the community offers a wide array of amenities, including a resort-style heated pool and spa, fitness center, playground, tennis, basketball, and pickleball courts, as well as an on-site restaurant, driving range and golf pro shop. The monthly HOA dues include cable and internet and an optional golf course membership is available as well. Located just a short distance from the FL Turnpike, shopping, restaurants, Winter Garden, Orlando, and the theme parks, this home and community provide the perfect mix of luxury and laid-back Florida living. Schedule your private showing today!
You may be able to put down less than the total down payment amount of $188,256 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6240506