5215 Cedarbend Dr Apt 4 # 4, Fort Myers, FL 33919
2 beds · 2 baths · sqft sqft
Not in a flood zone and the seller is offering to pay a 2/1 interest rate buydown for the buyer! Conveniently located in the heart of Fort Myers, this beautifully remodeled 2-bedroom, 2-bath townhome offers a perfect blend of modern comfort and prime accessibility. Step inside and be captivated by the recently remodeled kitchen boasting sleek quartz countertops, new stainless-steel appliances, and soft-close cabinets and drawers, this space is designed for both style and functionality. The chic backsplash adds a contemporary touch, making it a joy to cook and entertain in. The spacious living area features new luxury vinyl plank flooring and updated ceiling fans, creating a warm and inviting atmosphere. Plenty of natural light pours in through the sliders, beautifully complemented by the fresh new blinds. A full bathroom and convenient laundry area are also located downstairs, offering added practicality. Upstairs, you’ll find two generously sized bedrooms, each with its own private balcony, perfect for enjoying your morning coffee or a quiet evening. The remodeled bathroom is a true retreat, featuring a sleek quartz vanity, a luxurious shower with a rain head, and a smart LED anti-fog mirror. Plus, the Bluetooth bathroom fan lets you set the perfect mood with your favorite music. Step outside to your private fenced courtyard patio, a perfect space for dining al fresco, barbecuing with friends, or simply soaking up the Florida sunshine. Recent updates include a brand-new roof (2024), new waterlines (2022), and HVAC (2022), ensuring peace of mind for years to come. The low HOA fees include water, sewer, landscaping, insurance on the building and roof maintenance, making this home as affordable as it is beautiful. And don’t forget the heated community pool, a perfect spot to unwind and enjoy a refreshing swim all year round. Cedarbend is located just minutes from the historic Downtown Fort Myers River District, with easy access to beaches, shopping, entertainment, healthcare, and RSW. With two assigned parking spaces and plenty of guest parking, convenience is at your fingertips. 2-1 Interest Rate Buydown with seller’s preferred lender.
Source: FORTMYERS #224068501
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224068501
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: #224068501
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