4234 SUNSET PRESERVE BLVD, Orlando, FL 32820
GREAT PRICE! TONS OF UPGRADES ADDED AT DESIGN STUDIO! $5,000.00 SELLER CONCESSION BEING OFFERED TO BUYER AS NOTED IN CONCESSIONS TAB!! Come see this IMMACULATE, BEAUTIFULLY APPOINTED, 7 BEDROOM, WATERFRONT NEW HOME! Move into the beautiful newly built home that does not need anything! This stunning home was built in 2023! The Owners are meticulous and have kept it brand new and have added custom enhancements. Get the best of both worlds, A new home with carefully selected appointments to finish it off such as pendant lighting, ceiling fans, wood casing, custom molding and more wood detailing, a spectacular custom wine bar area, custom built in master closet and kitchen pantry and much more! When you walk in this home you look straight through the home into the backyard through massive disappearing sliding glass doors to the oasis out back looking over the water. Enjoy evening vibrant skies during the beautiful Florida sunsets right from your home and back lanai! This home has been tastefully designed down to every single detail. Get the benefits of a brand-new home without having to wait. This home has a great design for entertaining! The home lives like a one-story home with the living areas, Master Bedroom, a second master suite and three guest bedrooms all on the main floor! When entering the second floor you are greeted by a large bonus room. Off the bonus room through double doors you will find a theater room. There are also two more guest bedrooms on the second floor. This home has a wonderful layout! Located in a gated community. The community offers a private boat ramp to the Beautiful Lake Pickett which is a private 763-acre beautiful lake to boat, water ski, fish or just to take in the beautiful Florida sunsets. The community also has a playground. The community feels spacious from the oversized streets to the at minimum half acre homesites and larger. The homes are spread out nicely allowing for large yards and complete privacy. The Owners have put in a well on the property resulting in about $12 of water bills each month and the well has been paid for in full! This home is in an amazing location! You will be located about 15 minutes from The University of Central Florida, about 30 minutes from Lake Nona/Medical City and the Orlando International Airport, less than 20 minutes to Waterford Lakes Town Center, 4 miles from Publix, Restaurants and more shopping. You will be just minutes from 408, 417 & 528. This is a prime location for all conveniences yet feels so peacefully tucked away from the hustle and bustle resulting in a very quiet community. This home is a must see! Come visit this Warm, Friendly Neighborhood because you are sure to want to stay forever!
You may be able to put down less than the total down payment amount of $193,006 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: #o6215985
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.