4741 Park Eden Cir
Orlando, FL 32810
4 beds · 3 baths · 2,246 sqft
$459,995
Get prequalifiedAbout this home
Back on the market - Financing fell through. Introducing a stunning residence with 4 bedrooms and 2.5 baths nestled in the highly sought-after Eden Woods subdivision. Both the roof and windows were replaced (2017), ensuring long-lasting quality and peace of mind. The open kitchen, complete with a spacious closet pantry, seamlessly flows into the family room, creating an ideal space for cherished family gatherings. As you step through the front door, you'll be greeted by the inviting ambiance of vaulted ceilings, filling the entryway with natural light. The master bathroom offers a garden tub and separate shower, providing a tranquil retreat within the home. The first floor is adorned with beautiful tile flooring, while the second floor features uniquely soft Berber carpeting throughout. Ample storage spaces can be found throughout the home, catering to your organizational needs. The fully fenced-in backyard is perfect for outdoor entertaining and BBQs, and if you've ever dreamt of having a pool, there is ample room for you to design and create your own personal oasis. Situated in a prime location, this property offers easy access to major roads such as I-4, 414, and 441, making commuting a breeze. Additionally, it is conveniently close to Lake Lotus Park, RDV Sportsplex, shopping centers, and popular restaurants, ensuring you have everything you need within reach. With low HOA dues, this property is the perfect place to call home. Don't miss out on the opportunity to own this beautiful Home! SELLERS ARE CONSIDERING RENT-TO-OWN OPTIONS.
Source: STELLAR #O6245583
Neighborhood
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.