410 E HENSCHEN AVE, Oakland, FL 34760
Escape to your own private oasis in this stunning pool home nestled in sought after GOLF CART COMMUNITY in Oakland FL between Clermont and Winter Garden! This property boasts, not only a beautiful main house, but also a detached guest house, AND a detached office/mancave.NO HOA is a BIG PLUS. Immediately you'll be charmed by the mature landscaping and inviting front porch. Inside, the fully renovated kitchen in 2022 cabinets, upgraded appliances, subway tile backsplash, and oversized walk-in pantry is a chef's dream. The open-concept layout allows natural light to flow throughout the spacious living areas, creating a perfect atmosphere for entertaining. The split floor plan offers ultimate privacy for the master suite, complete with a massive walk-in closet and a luxurious bathroom.The elegant French doors in the master bedroom add a touch of sophistication and allows you to step outside to your sparkling screened-in pool with a block wall surround, perfect for enjoying the Florida sunshine. A convenient poolside bathroom means guests won't need to enter the main house. The detached guest house is a dream come true for visitor or In-Laws. It features a full kitchen with granite countertops, a great room, a dining area, and a flexible room that can be used as a bedroom or office. Upstairs, a spacious bedroom with a full bathroom and laundry hookups provides a peaceful retreat. This meticulously maintained property boasts an extensive list of recent upgrades, ensuring you can move right in and start living your Florida dream. There is also a THIRD STRUCTURE! This one room building could be your dream office, She-shed or man cave! Upgrades include new AC units, new flooring throughout, fresh interior and exterior paint, a French drain, pool resurfacing, new stoves in both the main house and guest house, upgraded insulation, new landscaping, a privacy fence, a new waterfall pump for the pool, new fans and light fixtures, and even a treehouse for all ages! BUT WAIT, there's more! This incredible property also features a solar system with a transferable lease, so you can enjoy significant energy savings on top of your veteran tax savings the owner has for the year. BONUS: RIDING MOWER INCLUDED IN THE SALE! Don't miss this incredible opportunity – schedule your private tour today!
You may be able to put down less than the total down payment amount of $120,427 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: #o6220887
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.