688 Grand Reserve Dr, Bunnell, FL 32110
4 beds · 2 baths · 1,862 sqft
High and Dry! This neighborhood has not lost power once during any storms. The design of the community and the underground utilities have made all the difference. The community has been in constant contact with one another to make sure everyone is safe and secure. If living in a beautiful area, with wonderful amenities and neighbors is your goal, than 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 should be 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 natural gas options, sidewalks and street lights. This community is also an conservation property, one of the main reasons flooding was not an issue during the storms. 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 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, convenience and peace of mind.
Source: STELLAR #fc298694
Source: STELLAR #fc298694
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: #fc298694
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.