4760 SW Old Wire Rd, Fort White, FL 32038
5 beds · 2 baths · 1,782 sqft
5 BEDROOM HOME on 8 ACRES in FORT WHITE with PLENTY OF ROOM GALORE INSIDE AND OUT! Enter through the gates on your private driveway to your beautiful, spacious home with metal roof that is fenced and cross-fenced. Backing up to beautiful pastureland, this home is sitting on your slice of paradise inviting you to a peaceful retreat away from the hustle and bustle of work, traffic and city life! Featuring new flooring inside, an updated primary bathroom, newer kitchen appliances, new AC, and with other updates this has been lovingly cared for and maintained. Kick your feet up in the living room or on any of your THREE covered porches after a long day as you take in the magnificent sunsets. Enjoy easy accessibility getting inside and out of the home with a ramp and inside the primary bathroom with the step-in shower, grab bar and bench to sit on and in the 2nd bathroom as well with a step-in shower and grab bar. Primary bathroom also offers double sinks and beautifully updated cabinetry. The second bathroom has plentiful counter space and cabinets. Enjoy your walk-in closet in the primary bedroom with plenty of space! You can have your coffee and breakfast in the eat-in kitchen area looking out enjoying the view of your garden, pasture, cows or horses, and the wildlife that come to visit such as turkey and deer! You can have a formal dining room off the kitchen or use it as a second living room, play room, game room, so many options! With the split-floor plan, the other 4 bedrooms are on the other side of the house with plenty of room each. See floor plan in photos for room measurements. Separate laundry room with washer and dryer that conveys! No matter which room you're in, there is a stunning view to soak in! Outside, we have FOUR outbuildings by the home ALL with concrete pad and there are a few lean-tos and a couple carports as well to park your vehicles, tractors, and toys! There is an 18x25 shed, 12x36 barn, 18x24 barn, one barn not sure of size, 12x25 lean-to with floor, 10x36 lean-to with floor, 12x24 lean-to according to Property Appraisers. In the wooded 4 acres, you will find an ADDITIONAL Well, septic, and power as well as a newer camper, TWO sheds, and a carport protecting the camper. This is a perfect income-potential opportunity for Short-term or long-term rentals or a place for out-of-town friends and family to stay. This gem of a property has SO much to offer everywhere you look.. it is a MUST see!
Source: STELLAR #gc525630
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #gc525630
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: #gc525630
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