41 Theresa Blvd, Port Charlotte, FL 33954
3 beds · 2 baths · 1,349 sqft
Welcome to your dream home—a beautifully updated 3-bedroom, 2-bathroom retreat with serene water views on a charming canal. This home perfectly blends modern comfort with the relaxing Florida lifestyle. Step inside to discover an open-concept layout with soaring cathedral ceilings in the living room, flowing seamlessly into the dining area. The updated kitchen is a chef’s dream, featuring stainless steel appliances, a large sink, and an elegant design that makes cooking a joy. Sliding glass doors lead to a screened-in lanai, where you can relax year-round while enjoying peaceful views of the expansive backyard—perfect for entertaining. Beyond the yard, a new dock overlooks the canal, providing the ideal spot to unwind and take in the tranquil water views. The primary bedroom offers a spacious walk-in closet and a modern ensuite bathroom with a walk-in shower and stylish vanity. The additional bedrooms are comfortable and inviting, and the updated guest bathroom ensures convenience for family and visitors. Practical features include a large laundry room and a 1-car garage with plenty of space for vehicles and storage. This home is move-in ready, with a new roof installed in 2021, updated lanai flooring, and a newer A/C unit from 2018, ensuring comfort and peace of mind for years to come. Located just 15 minutes from Port Charlotte Beach Park, with its beautiful waterfront views and activities, the home is also close to Bayshore Live Oak Park and Ollie’s Pond Park, perfect for nature lovers. A short drive will take you to the stunning beaches of Manasota Key, known for their beauty and for finding shark teeth. Additionally, you’ll enjoy easy access to CoolToday Park in Wellen Park and downtown Punta Gorda, both offering vibrant dining, shopping, and entertainment options. Don’t miss your chance to own this slice of paradise—schedule your private showing today!
Source: STELLAR #a4629369
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4629369
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: #a4629369
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.