4641 Fairy Tale Cir, Kissimmee, FL 34746
4 beds · 3 baths · 2,346 sqft
Under contract-accepting backup offers. Special Financial Programs Available. This home can be purchased with an assumable mortgage with an interest rate of 2.75% *****SEE REMARKS***** This stunning well kept move in ready home boasts an inviting open floor plan, perfect for modern living and entertaining guests. As you step inside, you'll find a convenient drop-off area/den, ideal for storing keys, umbrellas, purses, and coats, To your left, you will see a half bathroom equipped with luxury stone granite counter top. As you pass the hallway, you will see a bright, spacious living room and kitchen which over looks your beautiful white fenced backyard. The stone granite kitchen countertops add a touch of elegance to the heart of the home and plenty of space to entertain while cooking. This beautiful house comes with all stainless steel appliances and modern tall white cabinets with a walk in pantry for storage. You will see a generous size loft as soon as you enter the second floor which is a perfect space for a second living room or kids playroom. With all four bedrooms situated on the second floor, enjoy enhanced privacy while entertaining. Step into the luxurious primary bedroom, where you'll find double granite countertops shining in the bright natural light. The modern bathroom includes a big walk-in closet that'll surely make you smile. Discover the three guest bedrooms, each sharing a spacious bathroom equipped with double sinks for added convenience space, ensuring your guests feel right at home. This property offers easy access to endless entertainment options. Outside, the spacious backyard, enclosed by a charming white fence, provides the perfect setting for kids and pets to play and for hosting unforgettable gatherings. The charming neighborhood of Storey Lake is a gated community boasting great amenities for residents, including the clubhouse, large community pool, dog parks, two family parks with playground. HOA INCLUDES INTERNET, CABLE, AND FITNESS CENTER. There are no more HOA restrictions on where to park beginning of July 1st, 2024. Don't miss out on the opportunity to make this dream space your own. Call NOW and book your showing TODAY.
Source: STELLAR #o6193355
Source: STELLAR #o6193355
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: #o6193355
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.