4340 Adolph Ave, North Port, FL 34288
3 beds · 2 baths · 1,362 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Massive Price Reduction! Welcome to your eco-friendly oasis in sunny North Port! This beautiful 2020 built, 3-bedroom, 2-bathroom single-family home comes equipped with OWNED SOLAR panels, not leased, offering you an energy-efficient lifestyle and reducing monthly energy costs. You can rest assured of your safety in this home as there was NO DAMAGE through Helene or Milton. KEY FEATURES: Solar Panels with a Transferable Warranty: Enjoy sustainable living with a full solar setup, reducing your carbon footprint while saving on electricity. Seller's Electric Bill for December was $44 Open-Concept Layout: Spacious open floor plan connects the living, dining, and kitchen areas, perfect for entertaining and family gatherings. Kitchen: Upgraded soft close Cabinets, gorgeous tile backsplash, stainless steel appliances, ample storage, and a breakfast bar that makes cooking a joy. Laundry room includes matching upgraded cabinets, as well as a pantry closet for plenty of storage. Master Suite: Features an en-suite bathroom with an upgraded glass enclosed walk-in shower, and a spacious walk-in closet. The split bedroom floor plan has 2 additional bedrooms ample space for family, guests, or a home office setup. Second bath boasts a glass enclosed bathtub/shower. Screened in lanai, and plenty of room for a pool! ADDITIONAL HIGHLIGHTS: Irrigation System, KINETICO RO in Kitchen, Full House Water Softener and Filtration System, NO HOA, X FLOOD ZONE, which means flood insurance is NOT required. Energy-efficient windows which include hurricane shutters. Attached two-car garage with custom built in cabinetry for storage, NO WATER BILL and LOW ELECTRIC BILL! Convenient location close to 75, Rays Spring Training Stadium, schools, parks, shopping, and dining. Easy access to nearby beaches, nature trails, and golf courses. Here is your opportunity to own a newer/upgraded lightly lived in home without having the hassle and expense of new construction. Whether you're a first-time buyer or looking to settle in a greener home, this property offers comfort, style, and savings on utilities. Don’t miss out on this North Port gem!
Source: STELLAR #C7500218
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #C7500218
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.