4525 SE 13th St, Ocala, FL 34471
3 beds · 2 baths · 1,873 sqft
MOTIVATED SELLER!! Bring an offer!! Welcome to this beautiful home located in desirable neighborhood just minutes from schools, popular restaurants and shopping. This home offers the perfect blend of convenience and comfort! The heart of the homes the updated kitchen, featuring stainless steel appliances, including a brand new gas range (August 2024) and a nearly new stainless steel refrigerator (less than 3 months old). The kitchen flows seamlessly into the dining area/living area with French doors that lead directly to the screened in porch! This is the perfect spot for morning coffee or evening relaxing! Just outside the screen porch is concrete open patio perfect for grilling and entertaining! The kitchen and living room are adorned with plantation shutters, and a wood burning fire place adding a touch of Southern charm to the home. The spacious primary bedroom features a huge walk in closet, an ensuite bathroom with walk in shower and slider doors leading to the paver patio covered by a pergola - a serene, easy to access spot for star gazing! A separate den offers plenty of space for working from home or creating a perfect library or study room! Two guest bedrooms and bath complete the home with ample space for guests and family! An indoor laundry room and 2 car garage round out the home! Fully fenced back yard has brand new white vinyl fencing providing privacy and is perfect for children and pets to play! Modern upgrades include: tankless gas water heater (2023), HVAC (2017), roof (2022) and an upgraded breaker panel in 2007. This home is move in ready and offers everything you n need for comfortable, stylish living! Don't miss the opportunity to make it yours!
Source: STELLAR #om684543
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om684543
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: #om684543
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.