6701 Elmwood Rd, North Port, FL 34287
2 beds · 2 baths · 912 sqft
Step into this stunning, meticulously maintained 2-bedroom, 1.5-bathroom home with a one-car garage. You’ll be captivated by its beautiful plank tile flooring, which flows seamlessly throughout the entire house, giving it a cohesive and elegant feel. This home offers a perfect blend of comfort and style with modern updates that make it move-in ready. The heart of this home is the newly remodeled kitchen, completed in 2022. It boasts sleek granite countertops, elegant cabinetry with extra molding, induction cook top, and new stainless steel appliances. The cook top, microwave, and wall oven are all Z-line products. The recessed lighting illuminates the space perfectly, creating a bright and welcoming atmosphere. Whether you’re cooking a gourmet meal or enjoying a quick breakfast at the eat-in kitchen, this space is both functional and stylish. Comfort is key in this home, with a brand-new AC installed in 2022 to keep you cool during those hot Florida summers. You can rest easy knowing that the new shingle roof, installed in 2023, offers durability and peace of mind for years to come. The remodeled bathrooms include a master bath with a walk-in shower that is handicap accessible, making this home suitable for all needs. In fact, the entire home is wheelchair accessible, ensuring that every corner is easy to navigate. Warm, neutral colors flow throughout the house, creating a serene and inviting ambiance. The windows and sliding glass door are impact-resistant, providing both security and energy efficiency. Step outside to the back lanai, where beautiful plank tile continues underfoot. This screened-in area overlooks your private backyard, perfect for morning coffee or evening relaxation. The vinyl fencing ensures privacy, while mature landscaping adds a natural, serene touch. A shed in the backyard provides additional storage, keeping your home clutter-free. This charming home is conveniently located close to shopping, dining, and entertainment options. Plus, the beautiful Gulf beaches are just a quick 20-minute drive away. Whether you're looking to unwind or explore, this location offers the best of both worlds. Don’t miss out on this fantastic opportunity to own a beautifully updated home that combines modern amenities with comfort and style. Schedule your showing today and make this house your new home!
Source: STELLAR #c7497164
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7497164
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: #c7497164
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.