609 Applewood Ave, Altamonte Springs, FL 32714
3 beds · 2 baths · 1,681 sqft sqft
BACK ON THE MARKET WITH MORE UDATES!! Enjoy the Florida lifestyle in this BEAUTIFULLY UPDATED 3 BEDROOM, 2 BATH, POOL HOME complete with a 1 YEAR BUYERS HOME WARRANTY in the highly sought after community of Spring Oaks. As you enter, you are welcomed into a SPACIOUS LIVING ROOM and DINING ROOM, perfect for family get-togethers and entertaining. From the dining room you will step into a FULLY UPDATED KITCHEN complete with handsome wood cabinets, granite counter tops and breakfast bar, under cabinet lighting, recessed lights, paddle fans with lighting and 2 separate sink areas. The family chef will love the ABUNDANCE OF COUNTER SPACE and STORAGE IN THIS AMAZING KITCHEN! Off the kitchen is an INSIDE LAUNDRY ROOM with utility sink and cabinets PLUS an OFFICE/FLEX ROOM (NOT INCLUDED IN HOMES SQ. FOOTAGE) with closets and side entry door. On the far side of the home is the INVITING PRIMARY SUITE with DRESSING AREA, WALK-IN CLOSET and EN-SUITE BATHROOM. Two additional generous bedrooms and a 2nd full bathroom are located in the rear of the home for privacy. The home also features a DELIGHTFUL FAMILY ROOM OPEN TO THE KITCHEN with STUNNING FIREPLACE. Beauty and tranquility will surround you when you step out the FRENCH DOORS FROM the FAMILY ROOM onto an ENORMOUS SCREENED IN BACK PORCH OVERLOOKING the SPARKLING POOL and GARDEN. Some of the ADDITIONAL UPDATES INCLUDE: BRAND NEW ROOFS - NEW POOL PUMP – 2022 Rheem water heater – home interior newly repainted, textured ceilings and walls – crown molding – safe touch security system – exterior motion lights to front, back and side yards – irrigation system (reclaimed water) on timer – electrical line for a generator hookup to panel box - front and back yard re-landscaped, new rear fence and more. All this plus a TRULY FANTASTIC LOCATION near major roadways, restaurants, shopping and WESTMONTE COMMUNITY PARK IN YOUR NEIGHBORHOOD with its 4,695 sq. ft. multi-purpose room, playground, pavilion, activity room, zero depth entry and therapeutic pools, multipurpose field, bocce ball, basketball, pickleball, tennis courts plus numerous activities. FLORIDA LIVING AWAITS!
Source: STELLAR #o6238478
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6238478
Source: Public records
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: #o6238478
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.