601 Pineneedle Ln, Englewood, FL 34223
3 beds · 2 baths · 2,099 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Charming 3-Bedroom Pool Home on a Spacious Corner Lot in Englewood Isles! This 3-bedroom, 2-bathroom home boasting nearly 2,100 square feet of living space is situated on a large corner lot, featuring low-maintenance xeriscaping, a circular driveway, and lush Areca palms providing privacy along Gladstone Blvd. Step inside to soaring vaulted ceilings in the great room, creating an airy and open feel with a wall of sliding glass pocket doors and transom windows allowing an abundance of natural light into the home. The updated kitchen and bathrooms showcase modern finishes, while ceramic tile flooring flows throughout the home, with new carpet in the primary bedroom for added comfort. This home offers the split floorplan with the primary bedroom ensuite on the west side of the house and french doors opening onto the lanai. The two other bedrooms are tucked away on the east side of the house with walk in closets. The second bathroom is located immediately adjacent to the lanai which provides convenient access for a pool bathroom. The open floorplan offers a dining room area, kitchen, wet bar and a great room, perfect for entertaining! The kitchen has been updated with solid wood cabinetry, granite counter tops, stainless steel appliances, a breakfast bar plus a dinette area with sliding glass doors to the lanai area. Enjoy Florida living in your private screened-in pool area, with a large covered lanai. The backyard includes a designated pet area, offering a safe and comfortable space for furry friends. This home has had most windows updated and there are hurricane shutters that convey with the house for added storm protection. The lanai is equipped with a remote hurricane shutter for convenient protection as well. Englewood Isles is a waterfront community with a marina and residents may buy or rent boat slips as they become available. Englewood Isles is conveniently located by several beaches, a charming downtown area on Dearborn St., hospitals, shopping, dining and golf courses. Schedule your showing today!
Source: STELLAR #N6137997
Source: STELLAR #N6137997
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 and Equal Opportunity Act.