456 LONGLEY DR, Port Charlotte, FL 33953
AMAZING 2 HOME SPECIAL FOR ONE LOW, LOW PRICE! BOTH HOMES COMPLETELY UPDATED! (HINT -PAY YOUR HOUSE PAYMENT WITH RENTAL ON ONE HOME WHILE YOU LIVE IN THE OTHER) ONE OF A KIND beautiful pool home and separate rental or guest home on a double lot with additional parking, an RV pad with electricity, HUGE SHED with electricty. Both of these homes have been completely updated with new roofs, ac, floors, hurricane impact windows, paint, carpeting, remodeled kitchen with tiled backsplash, quartz counters, and all new stainless steel top of the line appliances. Bathrooms have new vanities and quartz counters. The outdoor kitchen and lanai and enclosed front entry have been newly tiled. All of the bedrooms have walk-in closets for the additional storage you need and a pantry has been added as well. The split floor plan with a family room and pocket door separate the guest bedrooms for privacy. The Guest home is lovely with a spacious living room, dinette area, kitchen, large bathroom and sitting area and closet plus a laundry and storage room. It is completed with a screened lanai for enjoying the Florida fresh air and watching local wildlife. Add a heated, saltwater pool and tiled lanai (with great outdoor kitchen) and you have the perfect Florida home you have dreamed of. This property is in an X FLOOD ZONE and shouldn't require flood insurance. Located close to 5 beaches, the vibrant cities of North Port and Port Charlotte with outstanding entertainment, restaurants and shopping and within 1 and 1/2 hours of several airports, you can have it all! YOU HAVE TO SEE THIS TO BELIEVE IT! YOU WON'T BE DISAPPOINTED!!! Generous seller ready to negotiate with a good offer. Call for details! Roof - 2023 - AC - 2020, Water Heater - 2022. Rooms sizes are approximate. Washers and dryers do not convey. Praying soldier does not convey. Smoker does not convey.
You may be able to put down less than the total down payment amount of $269,866 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: #d6137272
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.