6433 Myrtlewood Rd, North Port, FL 34287
2 beds · 2 baths · 1,297 sqft sqft
PRICED TO SELL. Very spacious 2 bedroom, 2 full bathrooms with recent tiling throughout entire home giving the home a hard wood flooring look. A/C system recently replaced with NEW A/C handler. The master bathroom was an addition to the home with a custom tiled walk in shower and separate tiled tub. Recently added NEW electrical wiring and updated fuse box. The kitchen and dining room were made larger for plenty of company. There are custom wood cabinets and wrap around counter top in kitchen. There is a fully screened in large lanai that was built onto the home. The repairs that are needed for the interior of the home would be some light spackling and repainting. New trim needed mainly in the bedrooms. The exterior will need a new roof soon. The current roof is old and ugly but does not leak. The outside will need all new gutters and window screens. Home could also use some concrete repairing on the walk way to the side door which enters into the kitchen. The home also boasts hurricane-rated windows, adding an extra layer of security and energy efficiency. Located in a vibrant area, you'll find plenty of attractions and amenities nearby. Relax and rejuvenate at the Warm Mineral Springs, or enjoy a day of fun at the North Port Aquatic Center. Nature enthusiasts will love exploring the trails at Myakkahatchee Creek Environmental Park. Golfers can tee off at the Heron Creek Golf & Country Club, while shoppers and diners will appreciate the variety at Cocoplum Village Shops. Catch a local theater production at the North Port Performing Arts Center or a spring training game at CoolToday Park. With beautiful Gulf Coast beaches just a short drive away and numerous parks and recreational areas, there's always something to do in North Port! This home is a great opportunity you won't want to miss. Come see it for yourself and imagine the potential!
Source: STELLAR #a4621232
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4621232
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.
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: #a4621232
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.