5048 CHANDELLE DR, Pensacola, FL 32507
MOTIVATED SELLERS!!! WOW - JUST WOW! This is the One you have been Waiting For! This Gorgeous Home begins at the curb w/Gorgeous Landscaping, Mature Trees & Massive Palm Trees. You will feel the Tropical everywhere you look. Notice the side entry garage. Then walk up to the freshly painted entry. When you step inside, notice the open concept & the Beautiful Living Room & NEW KITCHEN. The Living Room features hardwood floors & Natural Light & a Beautiful Gas Fireplace for those cool evenings. Plant Ledges here for displaying your treasures. The kitchen is Every Cooks dream w/new Porcelain Floors, Double oven, Gas Stovetop, New Microwave & Dishwasher & an amazing Fridge. All the appliances are the new Black Stainless! And don't miss the Backsplash, Large Pantry & Quartz Counter & Island! There is a Lovely Dining Room here as well overlooking the POOL! The bedrooms are split w/the 2 large Guest Rooms & FULL Bath w/new floors on one side & the Master off the Main Living Area. The Master features new carpet & a Gorgeous Accent Wall & a door that leads to the Sunroom. The bath features new flooring, new double vanity w/Granite top, Jacuzzi Tub & BRAND NEW tile shower. The Sunroom is Extra Large w/Lots of Possibilities for a Childs play area, lounging area, office space or Entertainment Area. The Sunroom is heated &cooled w/a Brand New Mini Split. Step outside into your Beautiful, Large Screened in Pool Area for a dip in your Salt Water Pool. There is also a removable Child Safety Pool fence. This pool is also solar heated for year round enjoyment and the sand in pool filter was replaced in 2023 & new pool pump in 2023. You still have an amazing LARGE backyard w/Storage Building & Firepit area. What a Place to Call Home! Also, there is a WHOLE HOUSE GENERATOR here. The Roof was replaced in 2020, New HVAC in 2019 and pool liner & screen are about 5 yrs old. Also, there is a slab for RV parking w/30AMP hookup. SEE THIS ONE TODAY
You may be able to put down less than the total down payment amount of $213,187 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #647829
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.