688 GRAND RESERVE DR, Bunnell, FL 32110
Make this lovely 4-bedroom, 2-bathroom with 1862 sq ft smart home that sits on the tee for hole 4 of the Grand Reserve golf community yours. Home is protected by a tree line while still offering golf and water views. Brand new HVAC system installed 3/7/2024 from the builder grade unit originally installed. The community has underground utilities, natural gas options, sidewalks and street lights. This community is also an conservation property. There are tons of activities including Pickle Ball, poker nights, craft nights and the occasional bingo. Close to everything. Palm Coast and shopping are 3 minutes away. HOA is super inexpensive at $56 year. This community is also a conservation property. This thoughtfully designed residence not only offers the perfect blend of modern living and natural beauty but also incorporates cutting-edge features to enhance your lifestyle. Screened lanai allows for quiet mornings watching golf if your not playing. The neighborhood features underground utilities, natural gas connections, sidewalks and street lights. Step inside this smart home, where the latest technology integrates seamlessly with the design. The home boasts a state-of-the-art smart system that allows you to control lighting, security, climate, and entertainment effortlessly with just a touch or voice command. The integration of smart home devices ensures energy efficiency and enhances your overall living experience. The open-concept living spaces are flooded with natural light, creating a warm and inviting atmosphere. The kitchen features quality appliances and ample storage, making it a culinary enthusiast's delight. The living area opens to a private patio, perfect for enjoying the serene surroundings and entertaining guests. This property prioritizes safety and resilience, with underground utilities protecting against storms, providing peace of mind during inclement weather. Additionally, being just 8 miles from the beach, you'll have easy access to the sun, sand, and surf for those relaxing days by the ocean. Residents of this community enjoy access to a world-class amenity center, offering a range of recreational activities and social gatherings. Whether it's a refreshing dip in the pool, a workout in the fitness center, or a community event, there's always something to enjoy without leaving the comfort of your neighborhood. Situated in Bunnell, this home is conveniently located near St. Augustine and Daytona Beach, allowing you to explore historical landmarks, vibrant cultural scenes, and thrilling entertainment options within a short drive. With its prime location in a golf community, conservation property, and proximity to renowned beaches and cities, this residence offers a lifestyle that truly defines comfort and convenience.
You may be able to put down less than the total down payment amount of $57,160 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: #fc298694