45749 Cedar St, Paisley, FL 32767
3 beds · 1 baths · 1,192 sqft
Attention: Price reduction. Owners are motivated. Escape to peaceful and tranquil countryside living with this affordable 3-bedroom, 1-bathroom home on a spacious .43-acre lot. This charming property offers an array of features designed for comfortable living and outdoor enjoyment. No HOA. Enjoy the freedom and lower costs with no homeowners association. Low property taxes add additional savings for the future homeowner. Interior Features: Living Room is bright and inviting with large windows allowing natural light to flood the space. Kitchen: Functional layout with newer appliances including a fridge, microwave, and stove. Bedrooms: Three cozy bedrooms with a split bedroom plan for added privacy. The master bedroom offers direct access to the screened-in porch, while Bedroom 2 features a private entrance to an uncovered patio with a privacy wall. Bedroom 3 includes a built-in office area, perfect for working from home. Bathroom: Well-maintained and conveniently located. Exterior Features: Expansive .43-acre lot provides a large yard for entertaining, gardening, or a potential pool area. Ample parking space for multiple vehicles. The Backyard is ideal for hosting gatherings, gardening, or installing a pool. Utility Shed: Located off the kitchen, housing washer and dryer hook-up. Additional Sheds: Three other sheds provide workshop space and additional storage. Approximately 572 Sqft of Open Porch: Potential to add an additional bedroom, create a Florida room, or establish a beautiful outdoor lounging area leading to the expansive backyard. A large front yard. Additional Features: include a new roof and well pump installed in 2023. Solar System: Installed in 2023, leased and assumable, reducing electric bills, and already equipped for connecting a generator and batteries. No HOA. Enjoy the freedom and lower costs with no homeowners association. Low property taxes add additional savings for the homeowner. This functional and versatile home is perfect for first-time homebuyers, small families, or anyone looking to invest in a property with potential. Don't miss out on this opportunity to own a piece of tranquility with plenty of room for customization and outdoor enjoyment. Schedule a viewing today and see all the possibilities this home can provide. For more information or to schedule a showing, please call or Text Greg Sizer.
Source: STELLAR #g5084808
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5084808
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: #g5084808
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.