688 Preakness Cir, Deland, FL 32724
4 beds · 2 baths · 1,687 sqft
PRICE IMPROVEMENT!! Welcome to your dream home in the sought after Saddlebrook resort style community of Deland, Florida! This stunning 4-bedroom, 2-bathroom residence with CONSERVATION VIEWS spans 1687 square feet of open-concept living space, perfectly blending comfort, style, and functionality. As you step through the front door, you're greeted by an abundance of natural light illuminating the lovely light-colored tile floors that flow throughout the home. The heart of the home is the gourmet kitchen, which boasts GRANITE COUNTERTOPS, a GRANITE ISLAND, and STAINLESS STEEL APPLIANCES, including a separate cooking space with over the range microwave—a chef's delight! Tall kitchen cabinets with decorative CROWN MOLDING offers ample storage space, complemented by a large closet WALK-IN PANTRY for added convenience. The spacious primary bedroom is a true retreat, featuring an ensuite bath with a walk-in shower, private water closet, and a large walk-in closet. Wake up to picturesque views of the wooded conservation area from your private screened lanai, the perfect spot for morning coffee or evening relaxation. Outside, the home's beautiful STONE ELEVATION with PAVER BRICK DRIVEWAY and walkways add to its curb appeal, while the Rainbird IRRIGATION system ensures your lawn stays lush and green year-round. Pride of ownership shines through in every detail, with meticulous maintenance by a single owner evident throughout. Relax and take in the conservation views while enjoying your morning coffee or dining al-fresco on your SCREENED PATIO LANIA. Experience resort-style living with access to the COMMUNITY POOL AND PLAYGROUND, perfect for family fun and relaxation. The open-concept split plan design offers privacy and flexibility, while the large immaculate garage provides ample space for parking and storage. Don't miss your chance to own this impeccable home in one of Deland's most desirable resort style communities. Schedule your showing today and start living the Florida lifestyle you've always dreamed of!
Source: STELLAR #o6202277
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6202277
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: #o6202277
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.