5751 Wilena Pl, Sarasota, FL 34238
3 beds · 3 baths · 2,008 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Lakefront Oakmont model in VillageWalk! This beautifully decorated 3 bedroom pool home is over 2000sq ft. of AC space. Let the Outdoors In! The Oakmont model offers an open and airy great room plan with it's 10 & 12 ceilings, large windows and 8ft. sliding glass doors. Experience coral colored sunsets from your private heated swimming pool, refinished in ‘24. Enjoy entertaining friends and family from your custom designed open kitchen featuring solid surface countertops, wood cabinets w/ soft close drawers and doors. The base cabinetry has been redesigned with drawer banks, pullouts and added shelving. SS appliances and a large country sink represent some of the other added features. The home's ceiling fans, plumbing fixtures, electrical switches, lighting have all been upgraded. Looking left or right you will see added value features in each direction. Pride of ownership is obvious from the landscaping to the overall care & maintenance of the home. No worries when it comes to storm season as this is a poured concrete home with a cement tile roof and accordion shutters. Robb & Stuckey furniture designers supplied the bulk of the furnishings and they may be purchased with a separate agreement. Located on the end of a Cul-de-sac, the location is private yet convenient. Just steps from the VillageWalk, a 12ft concrete pathway with a network of pedestrian bridges that threads through the community. VillageWalk is Sarasota’s premiere resort styled community. Residents enjoy daily planned activities, a guarded entry, breakfast or lunch in the onsite Café or a visit the gift store for that someone special! They may also have their hair & nails done at the onsite salon. There is even a gas station. VillageWalk, with it's active lifestyle awaits you! The large fitness center, equipped with today's latest exercise machines along with a heated lap pool and a large lagoon pool complete with a Tiki bar. There are 6 Har-Tru tennis courts as well as pickleball, basketball & Bocci ball. Located close to shopping, beaches and the Legacy Trail. Lots of social and service clubs to assist in making new friends. Come see this jewel soon!
Source: STELLAR #A4648408
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #A4648408
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.