7 Clee Ct, Palm Coast, FL 32137
3 beds · 3 baths · 2,176 sqft
This solar powered 3 bedroom, 3 bath, salt water canal pool home awaits you! You have two owner's suites, one on the first floor and one on the second floor (lofted room)......complete with sliders to your private balcony. This home is perfect for those seeking comfort, style, and sustainability. Enjoy your morning coffee watching the sun rise from the large screened-in porch with charcoal/smoker/gas grill or simply relaxing and enjoying the old fashioned garden. A sliding door opens into a a conservatory room (under air) perfect for bringing your gardens right into the house. Take a boat ride down the canal or fish from your dock. The dock is equipped with electric, water and a boat lift! Your possibilities are endless! Don't want to fish, take a dip in your pool! Equipped with solar panels and a solar hot water heater, this home is designed to keep energy costs low while reducing your carbon footprint. The oversized side-entry garage includes windows for natural light and a pull-down screen, offering the perfect blend of functionality and space. Enjoy Florida living at its best with an enclosed pool area, a separate screened-in section for entertaining, and a covered porch that overlooks a serene saltwater canal—ideal for relaxing and taking in the view.The deck runs from the courtyard with beuatiful lions head fountain across the screened in porch to the side gardens. Need extra storage? You can store your toys in the shed. Don’t miss out on this unique property that combines modern amenities with charming features. Contact us today to schedule a private showing! Low, low electric costs....seller installed solar in 2023, bills have all been $26 per month (per seller...and this is the base FPL price) except one and it was $80. Solar panels will be paid off at closing. This home is also available as a VA assumable loan with qualifications.
Source: STELLAR #fc302866
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #fc302866
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: #fc302866
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.