5804 BAR RANCH RD, Saint Cloud, FL 34771
Luxury Lakeview Home with Premium Upgrades at 5804 Bar Ranch Rd, Saint Cloud, FL 34771 Discover this stunning, high-end residence in the serene setting of Saint Cloud, FL. Located at 5804 Bar Ranch Rd, this beautiful home offers 3,084 sq ft of luxurious living space with premium builder upgrades throughout, combining modern elegance with unparalleled comfort. Property Highlights: ?? Spacious and Elegant Layout: This 4-bedroom, 3.5-bath home features soaring high ceilings, creating a bright and airy atmosphere. Large windows provide abundant natural light and showcase breathtaking lake views, enhancing the home's sense of tranquility and beauty. ??? Gourmet Kitchen with Fine Appliances: The heart of this home is its gourmet kitchen, equipped with a line of top-quality appliances that will delight any home chef. The kitchen offers ample cabinetry, a spacious center island for entertaining, and a stylish coffee bar—perfect for starting your day. ??? Dedicated Home Office: Enjoy the convenience of a private office space, perfect for remote work, study, or managing your daily tasks in peace and quiet. ?? Tranquil and Prime Location: Set in a peaceful area of Saint Cloud, this home offers a serene environment while still being close to shopping, dining, and recreational amenities. It’s a perfect balance of lakeside living and modern convenience. ??? All the Builder Upgrades: Every detail in this home has been carefully crafted with high-quality finishes and materials, from upgraded flooring to custom fixtures, reflecting a high level of sophistication and care. ?? 1-Year Home Warranty Included: To provide extra peace of mind, the seller is offering a 1-year home warranty to match the builder's warranty, ensuring that you feel secure and confident in your investment. With its high-end finishes, spacious design, and serene lake view, 5804 Bar Ranch Rd offers a lifestyle of luxury and tranquility. This is a rare opportunity to own a home where every detail has been thoughtfully upgraded and maintained. Don’t miss your chance to make it yours!
You may be able to put down less than the total down payment amount of $221,547 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: #s5111680