6 S Canal Dr, Yalaha, FL 34797
3 beds · 2 baths · 1,238 sqft sqft
Welcome Home. Easy Florida living in this stress-free home. Relaxing custom finishes await your arrival. Located on the South side of Lake Harris in the Springs Yacht and Bath Community with access to the Chain of Lakes. This home has been updated with all the latest energy efficient appliances, insulation, windows, new water heater 2024 and AC 2021, Enjoy the real hard wood flooring. The master bathroom hosts a soaking tub for pampering and your very own spa experience. There are 2 wood burning fireplaces. Open the French doors to the patio to entertain or bring the outside in during those cooler fall days. Custom pull out cabinets throughout the kitchen with a full-sized spice cabinet that would make anyone envious. A top of the line JennAir 6 burner cook top with interchangeable grill option. JennAir convection and conventional double wall ovens. All windows covers are custom blinds with blackout blinds in the bedrooms. European style closets offer great organization. The yard was recently fenced with a vinyl privacy fencing. The garden has raised vegetable beds and mature landscaping. 2 car garage with 11"foot ceiling and custom organization for all your toys. Lark shed 14X10. NEW Stackable Samsung Bespoke washer and dryer located in the garage. Community has many features including a sandy bottom community pool that is spring fed and access to Lake Harris and the Chain of Lakes. See Attachments on MLS.
Source: STELLAR #g5084158
Source: STELLAR #g5084158
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.
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: #g5084158