6541 Cedarwood Ave, Fort Myers, FL 33905
3 beds · 2 baths · sqft
LIKE NEW but even BETTER!! This 3-Bedroom+den, 2-bath, 2-car garage MOVE-IN READY home is located in the highly desirable neighborhood of Buckingham Park with NO HOA and NO FLOOD ZONE. The double door entry invites you into a well-designed floor plan of 1847 sf with split bedrooms and NEW TILE throughout – NO CARPET ANYWHERE. There are 12-foot. ceilings and 8-foot doors throughout the home. The expansive great room with coffered ceiling opens onto the over-sized screened lanai to provide the perfect flow for entertaining guests and holding family events. With a ¼ acre lot, there is plenty of room for a pool. For safety and security, all windows and sliding doors are HURRICANE IMPACT RESISTANT. The EAT-IN KITCHEN offers timeless 42” white wooden kitchen cabinets, stylish white QUARTZ countertops, a large peninsula with wrap-around breakfast bar, and stainless steel appliances. There is abundant natural light with a triple slider leading to the screened patio. The stone accent wall with fireplace in the living room and the framed wall in the dining room add special touches to the feeling of home. The primary bedroom suite includes a large bedroom, TWO WALK-IN CLOSETS, and private bath with dual sinks and a HUGE walk-in shower. The split bedroom floor plan offers two additional bedrooms and a full bath for your family and guests. The brightly lit den opens off the living room for your home office or whatever additional space your family needs. The long driveway and 2-car AIR CONDITIONED GARAGE give you ample room for your vehicles, toys, storage, and workout space. Buckingham Park is a growing community that offers that country feel while being within easy commuting distance of all that the Fort Myers area has to offer for work, shopping, sports, travel, and entertainment. Schedule your showing today! This is the one that is going to “feel like home!”
Source: FORTMYERS #224077286
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224077286
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 30-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: #224077286
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.