4848 NW 79th Rd, Gainesville, FL 32653
3 beds · 2 baths · 1,488 sqft
This charming 3-bedroom, 2-bathroom home offers low-maintenance, easy living with modern upgrades throughout. While the exterior may look like the other homes in the neighborhood, the interior will stun you with high end and elegant updates that set this house apart! The updated kitchen features sleek stone countertops, a large counter-level bar perfect for casual dining, and high-end stainless steel appliances. The open-concept living space is accentuated by beautiful gray wood-like tile flooring that flows seamlessly throughout the home. The living room is a cozy retreat, complete with a stylish electric fireplace for relaxing evenings. Luxurious master bathroom offers a spacious walk-in shower with bench and dual shower heads, including a tower shower and massage jets for a spa like experience. The hall bath features a tub with a sleek rolling glass door. Both bathrooms are enhanced with backlit, Bluetooth mirrors. An enclosed porch adds flexibility, serving as a potential office, media room, or playroom. Stylish light fixtures brighten every room, creating a warm and inviting atmosphere. The 2-car garage has an automatic roll down screen as well as a utility sink, making it a perfect place to work on projects or gardening. Designed for both comfort and convenience, this home is ideal for those seeking a modern, hassle-free living experience. The HOA covers exterior maintenance, including pressure washing, painting, tree trimming, and lawn maintenance (front and back), as well as roof replacement and driveway repairs. Blues Creek has a community pool as well as tennis courts where residents can can play pickleball and tennis. It is close proximity to the San Felasco trails for walking or biking! This home is perfect for someone who wants an easy to maintain home in a great neighborhood!
Source: STELLAR #gc525156
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #gc525156
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: #gc525156
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.