6930 Bahia Rd, Ocala, FL 34472
3 beds · 2 baths · 1,442 sqft sqft
COUNTRY CHARM with NO HOA! Nestled on a spacious 0.55 acre lot, this charming country 3 bedroom, 2 bath home offers the perfect blend of space and privacy. The open living space is filled with natural light featuring a cozy living room that flows seamlessly into the dining area and kitchen. The kitchen is well-equipped with modern appliances and ample cabinetry. You'll love your cozy breakfast nook tucked under a beautiful bay window, perfect for enjoying the morning sunlight with a cup of coffee or tea. The primary bedroom has it's own bathroom, recently upgraded with granite, while the two additional bedrooms have new flooring and are generously sized with plenty of closet space. A second full bathroom ensures comfort and convenience for all. You'll appreciate the included washer and dryer, making laundry convenient and hassle-free. Step outside to enjoy the expansive backyard with its white vinyl privacy fence, offering endless possibilities for outdoor activities. With over half an acre of land, there's plenty of room to add a pool, a play area or even a garden oasis. Located in a quiet family friendly community, this home provides the peace and privacy of country living while still just minutes away from local schools, shopping and dining. With a ring doorbell for added security this property combines comfort, functionality and peace of mind. Additional upgrades include new roof in 2018, new a/c 2015 Don't miss the opportunity to make this charming home your own!
Source: STELLAR #g5088112
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5088112
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: #g5088112
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.