4633 Glenbrooke Dr, Sarasota, FL 34243
3 beds · 2 baths · 1,665 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Welcome to your new home in paradise! This 3/2 pool home has been completely updated including a NEW ROOF giving you added peace of mind. Beautiful tropical landscaping on this huge corner lot greet you as you arrive, banana trees included. Other updates include plumbing re-piping, vinyl fencing, hurricane garage door with newer garage door motor, refinished pebble tech pool with brick deck, new pool pump and heater and interior and exterior painting. Pride of ownership is evident the moment you step inside. Luxury vinyl plank floors and crown moulding run throughout the home. The large front room offers flexibility to be used as additional living space, an oversized dining area or both. The chef of the family will love the plentiful cabinet storage, double pantry with custom shelving, stainless appliances and loads of granite countertop prep space. The breakfast bar opens to the spacious family room in the rear and is the perfect place for casual dining or can double as a buffet while entertaining. The en suite primary bedroom is generous in size and offers a large walk-in closet and an additional wall closet both with custom shelving. Wake up to views of the pool each morning through the glass sliding doors. The updated bath has a large seamless glass enclosed shower with a rain shower head, a window for natural light and stunning quartz counters on the updated vanity. Bedrooms 2 & 3 are smartly placed on the opposite side of the home giving privacy to all. Bath 2 separates the two guest bedrooms and has been completely redone giving it an amazing spa-like feel. Enter through new barn doors and soak away the days stresses in the extra large tub surrounded by beautiful bead board paneled walls and a custom vanity with stone countertop. The garage features tons of storage space and a newer extra large washer & dryer. Open the glass sliding doors to the covered 10x25 lanai from the family, dining and primary bedroom and let the warm Florida breezes flow through. The fenced yard with an additional patio outside the screened pool cage gives you space for your barbeque and outside adventure toys. The four-legged family members can enjoy the fenced outdoor space worry free. Glenbrooke is located off University Parkway convenient to UTC mall, Benderson Park, Ringling museum, dining, shopping, amazing beaches and all the fabulous art & cultural venues the Suncoast is famous for. Don't miss this incredible opportunity to make this your new home, schedule your private showing today!
Source: STELLAR #a4619815
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #a4619815
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 of Equal Opportunity Act.