459 Sabal Trail Cir, Longwood, FL 32779
4 beds · 3 baths · 2,508 sqft
Under contract-accepting backup offers. Don't miss your chance to own this beautiful 4-bedroom, 2.5-bathroom split-plan pool home in the sought-after Sabal Trail at Sabal Point! As you enter, you'll be captivated by the stunning hardwood floors and the abundance of natural light. Upon entry, you're greeted with elegant French doors leading to a formal living room on your left and a versatile formal living/sitting/home office on your right. The spacious family room features a vaulted ceiling, a cozy wood-burning fireplace, and sliding door access to the screened-in, covered lanai that opens up to the refreshing pool. The amazing kitchen is a chef's dream, boasting a large center island with granite countertops, stainless steel appliances, a wine fridge, and soft-close cabinets offering ample storage and counter space. The primary ensuite is a true retreat, featuring vaulted ceilings, sliding door access to the pool area, dual sinks, a sunken soaking tub, a separate glass-enclosed shower stall, and a built-in walk-in closet. The additional spacious bedrooms share a well-appointed hall bath. Step outside to your private oasis with a paver deck, sparkling pool, wet bar, and plenty of space for children or pets to play in the fenced-in yard. Recent updates include a new roof in 2014 and a Halo AC system in 2019. The community offers playgrounds, basketball courts, a softball field, and a 3-mile community loop with spacious sidewalks. Enjoy easy commuting to Heathrow, Maitland, Lake Mary, and Downtown Orlando. Make this stunning home yours today and enjoy the perfect blend of luxury and convenience!
Source: STELLAR #o6229900
Source: STELLAR #o6229900
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: #o6229900