423 Boundary Blvd, Rotonda West, FL 33947
3 beds · 2 baths · 1,960 sqft
Rotonda West! Florida living at its finest! Situated in this peaceful, sought-after golf community just minutes from Gulf beaches is your bright & cheerful new home! From the moment you enter your eyes are drawn to the spacious lanai & inground pool through the triple sliding glass doors. At the same time enjoy the feel of the open layout with vaulted ceilings and the complete indoor-outdoor feeling due to the numerous windows and sliders throughout the home. Situated on an over-sized lot, backing up to the greenbelt offering maximum privacy and nature views, this Cassandra model built by Boardwalk homes is a pure delight. Tastefully decorated with neutral décor and tile floors throughout the main living area, this three bedroom, two bath home offers a dining area off the great room and a breakfast area with aquarium window in the all-white kitchen. Off the kitchen is the spacious laundry room with plenty of storage. The primary bedroom features sliders to the pool & lanai, two walk-in closets, double sinks & walk-in shower. In addition to the screened lanai & pool area, there is an outside patio of a firepit, plus there is a fish-cleaning station/potting area. Best of all, your new home features a three-car garage for plenty of storage, is situated in an X zone, not requiring flood insurance, a LOW HOA-just $190/year, Updates include new roof-2023, A/C-2020, hot water heater-2021. Nearby beaches include Englewood on Manasota Key, Boca Grande on Gasparilla Island. Rotonda offers five golf courses. Other popular activities include biking, pickleball, fishing, boating, kayaking and more!
Source: STELLAR #d6137400
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #d6137400
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: #d6137400
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.