49 Pebble Wood Ln, Palm Coast, FL 32164
3 beds · 2 baths · 1,609 sqft
Under contract-accepting backup offers. Hurry! Price improved by motivated seller for quick sale! No damage from Hurricane Milton! This fantastic pool home has everything you're looking for & more. One of its most unique features is the 384sf storage building with high ceilings that was constructed with concrete block; just like the main home. It has a wall unit AC & can be used as a workshop/garage, man cave, she shed or simply for additional storage. There is a whole home Generac Guardian 22kw generator (2019) that automatically keeps your lights on so you won't even realize it if there's a power outage (serviced 10/2024). It runs on propane & there is an underground tank that is owned & stays with the property. The pool is solar heated & has a new pool pump. The lanai is screened, the pool area is pavered & the backyard is mostly fenced. Inside you will find a split floor plan with 3 bedrooms & 2 bathrooms. The master suite has a convenient Kohler walk-in tub. The kitchen opens to the dining/living area with views of the pool. There is no carpet in this home. All of the flooring is either tile or laminate. The 3 ton 18 seer HVAC (serviced 8/2024) & vinyl insulated windows were replaced in 2019. The laundry room is located inside the home & not in the garage. The property also has a sprinkler system on a well to help keep your lawn green. Finally, it is located in the Pine Grove subdivision of Palm Coast approximately 7 miles from Palm Coast beaches & 10 miles from Flagler Beach.
Source: STELLAR #fc303698
Source: STELLAR #fc303698
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: #fc303698
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