6762 Driftwood Ave, Milton, FL 32570
4 beds · 2 baths · 1,925 sqft
Welcome to your dream home in the heart of Milton, FL! This stunning 4 bedroom, 2 bathroom DSLD home, built in 2022, offers 1,925 square feet of modern living on a spacious 1-ACRE LOT WITH NO HOA!! IT'S PRACTICALLY STILL BRAND NEW! JUST IMAGINE WHAT YOU COULD DO ON YOUR OWN ENTIRE ACRE!! Designed with a contemporary open living room and kitchen concept, this home features a desirable split floor plan, providing privacy and comfort for all family members. Step inside and be captivated by the luxurious details, including LVP flooring throughout—no carpet in sight! The kitchen and bathrooms boast elegant QUARTZ COUNTERTOPS, BRONZE FIXTURES, and UPGRADED CHANDELIERS, complemented by recessed lighting for a warm, inviting ambiance. The entire home has 10 FT. CEILINGS THROUGHOUT giving it an even greater airiness. The UPGRADED STUCCO ENTRANCE and TILE BACKSPLASH in the kitchen add a touch of sophistication, while the stainless steel appliances ensure a sleek, functional cooking space. This home is still under the builder's 10-year STRUCTURAL WARRANTY, offering peace of mind for years to come. Enjoy the convenience of nearby shopping and dining options, as well as the short drive to the stunning EMERALD COAST BEACHES of Navarre and Pensacola. Additional upgrades include upgraded cabinet hardware and sinks, soffit lighting, and flood lights, enhancing both the aesthetic appeal and security of your new home. ROOF, HVAC, ELECTRICAL, PLUMBING, AND WATER HEATER ONLY 2 YEARS OLD. Don’t miss out on this incredible opportunity—schedule your private tour today and make this exceptional property your own! Sellers are MOTIVATED!
Source: PENSACOLA #650056
Source: PENSACOLA #650056
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: #650056