4781 Vignette Way, Sarasota, FL 34240
3 beds · 3 baths · 1,758 sqft
One or more photo(s) has been virtually staged. **MUST-SEE! MOVE-IN READY TOWNHOME IN SARASOTA COUNTY!** RECENT PRICE REDUCTION AND SELLER IS WILLING TO CONTRIBUTE CONCESSIONS TOWARD BUYER'S CLOSING COSTS!! DON'T MISS OUT! Experience the ease of maintenance-free living in this pristine, one-owner townhome located in the heart of beautiful Sarasota County. Built in 2018, this home offers modern comfort and style, with low HOA fees. Conveniently located just four miles east of I-75, and only 30 minutes from the world-renowned Siesta Key Beach, you’re perfectly positioned to enjoy both relaxation and convenience. Escape the city's hustle while being just a short drive from downtown Sarasota, Nathan Benderson Park, premier shopping, dining and the stunning Suncoast beaches. This end-unit home offers added privacy with only one neighbor, and boasts an east-facing orientation — allowing you to unwind with breathtaking sunsets from your private screened lanai. Step inside to discover an inviting open-concept kitchen and family room, complemented by a half-bath, laundry area, spacious pantry and a one-car garage featuring additional storage space under the stairs. Upstairs, you’ll find a luxurious primary suite with dual walk-in closets and a spa-like bathroom with an oversized shower and double sinks — the perfect retreat after a long day. Two additional bedrooms share a convenient Jack and Jill bathroom with double sinks, making it ideal for families or guests. This home comes complete with all major Whirlpool appliances and is move-in ready — just bring your belongings and enjoy!
Source: STELLAR #TB8326857
Source: STELLAR #TB8326857
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.