6224 LANTANA DR, Indian Lake Estates, FL 33855
Live the Lake Life in This Waterfront Paradise! Beautifully Dream Home on Lake Weohyakapka. Imagine stepping out your back door and into your boat for a day of reeling in trophy bass on the legendary 7,500-acre on the eastern shore of Lake Weohyakapka. This stunning waterfront property makes it a reality! Boasting a grand circular driveway, a convenient side-entry two-car garage, and a continuous driveway leading to a spacious 20' x 24' two-car carport, this home offers ample parking for all your vehicles and toys. Behind the carport, you'll find a bonus 6' x 20' storage area, perfect for keeping your fishing gear organized.Unparalleled Waterfront Living The heart of this home is the breathtaking waterfront view. The open floor plan seamlessly connects the living room and kitchen, while two sets of triple sliding glass doors open onto a large 16' x 32' enclosed Florida room. Imagine relaxing and entertaining in this sun-drenched space, all while enjoying the mesmerizing water vista. Prepare to be wowed by the stunning kitchen. Solid surface counters, a coordinating glass backsplash, spacious cabinets, and gleaming ceramic tile floors create a culinary haven. Top-of-the-line stainless steel appliances complete the picture, making meal prep a joy.This meticulously maintained home boasts a newer roof, nice flooring throughout, hot water heaters, and fresh paint inside and out. But the upgrades don't stop there! Both bathrooms have new lighting, vanities, sinks, and faucets. For added convenience, the third bathroom offers easy access from the lake, perfect for rinsing off after a day on the water.Embrace the Outdoors.Step out onto your private screened lanai overlooking the canal and soak in the natural beauty. The property also features a boathouse with a newer roof and two boat slips, making lake adventures effortless. Keep an eye out for deer, turkey, and sandhill cranes that frequent the area, adding to the tranquility of your surroundings.This property is nestled within Indian Lake Estates, a community on the eastern shore of Lake Weohyakapka. This vibrant community offers an 18-hole golf course, tennis courts, shuffleboard courts, and a massive 23,000-square-foot clubhouse where you can enjoy a variety of planned activities.Don't Miss Out on This Dream Home! Call today to schedule your appointment and start living the lake life of your dreams!
You may be able to put down less than the total down payment amount of $186,354 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: #s5109075
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.