545 Pond Cypress Ct, Auburndale, FL 33823
3 beds · 3 baths · 2,248 sqft
WELCOME HOME TO WATER RIDGE! THIS BETTER-THAN-NEW, FORMER BUILDER MODEL, 3 Bedroom, 2 FULL/ 1 HALF Bath, 2248 htd sqft, with SEPARATE Office/Flex-Space (which can easily be converted to a 4th Bedroom should you need an additional Bedroom), is AVAILABLE NOW in one of Auburndale's PREMIER and MUCH-SOUGHT AFTER Newest Communities! STUNNING WATER VIEWS await you from your back porch...right in your back yard. THIS HOME TRULY SHOWS LIKE NEW! This OVER-SIZED LOT sits atop a hill and provides some of the most BEAUTIFUL views over Lake Van you will ever see! The Builder spared NO EXPENSE in UPGRADES to this home because it was intended to be his PARADE OF HOMES Nominee...but Owners swooped in and purchased it before it was even finished! As you arrive at the GORGEOUS home, you will be greeted by a MODERN-Craftsman Style Elevation, with an UPGRADED METAL roof which allows for a much longer extended roof life...so no having to change this roof out every 12-15 years just to satisfy an Insurance Company! Inside, this home STILL feels BRAND NEW with UPGRADES GALORE! You TRULY will be SHOCKED at all the UPGRADES this home offers! Modern, LUXURY Vinyl flooring runs THROUGHOUT the ENTIRETY of this AMAZING home....so NO CARPET to be found ANYWHERE! The UPGRADED Kitchen package includes TOP-OF-THE-LINE Charcoal-Stainless Steel Appliances, 42" All-Wood Cabinets with Crown Molding, LEATHERED-HONED Counter-Tops (usually reserved for MULTI-MILLION Dollar homes), CUSTOM Glass-Tile Back-Splash, and to TOP it off...a HUGE Eat-in Kitchen Island. The OVERSIZED Family Room comes complete with a MESMERIZING electric fireplace and has TONS of room for all those Family and Friend Gatherings...not to Mention a Dining Area SPACIOUS enough to Feed them all! The Master Bedroom is PLENTY large enough for even your biggest furniture. The en-suite bath is your very own private SPA! Two additional Bedrooms round out this INCREDIBLE Split Bedroom floorplan! You have the best morning coffee spot, sitting out on your screen enclosed lanai overlooking the EXPANSIVE, Open-air backyard and with extended views of 3 separate Lakes! Live your best Florida Lifestyle because the Community's RESORT-STYLE Amenities are SECOND TO NONE...with a STATE-OF-THE-ART Clubhouse and Gym, 3 Swimming Pools, multiple Tennis and Pickleball Court Complexes, a PRIVATE Boat Ramp, a Community Fishing Dock, and DIRECXT access to all 3 Lakes! CONVENIENTLY Located to both Tampa and Orlando, Walt Disney World, Adams Estates, Shopping and Restaurants. You are also in PERFECT PROXIMITY just an hours’ drive from some of Florida's FINEST Beaches! THIS HOME IS AN ABSOLUTE MUST-SEE-DO NOT MISS!
Source: STELLAR #o6198150
Source: STELLAR #o6198150
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: #o6198150
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.