7029 Pine Hollow Dr, Mount Dora, FL 32757
3 beds · 2 baths · 2,160 sqft sqft
Just minutes from the historic charm of Downtown you will find the established Country Club of Mount Dora community and this immaculately maintained 3BD/2BA home perfectly poised on the 16TH GREEN for amazing GOLF COURSE VIEWS! Updates to this home include a NEW A/C (2023), WATER HEATER (2020) and the roof was replaced in 2014. The paver driveway, manicured landscaping, side facing garage and covered front entry exude curb appeal and welcome you home. Light and bright is a theme throughout as well as high ceilings, LUXURY VINYL PLANK FLOORS in the main living areas and the architectural features add a touch of grandeur that connects the formal and family spaces. At the front of the home you will find formal living and dining areas making gathering with family and entertaining friends a breeze and TRIPLE SLIDING GLASS DOORS open up to a SCREENED LANAI for indoor/outdoor living at its finest. Also off the foyer behind French doors there is a flexible third bedroom or office space - the choice is yours! Perfectly situated in the heart of the home, the kitchen was designed with the home chef in mind and features timeless cabinetry in a warm tone, granite countertops, STAINLESS STEEL APPLIANCES, pantry storage and for casual dining there is breakfast bar seating on the ISLAND or a dinette in front a large picture window. The natural flow takes you into a comfortable family room with more great light and another set of sliding glass doors to access the lanai. Ideal split bedrooms deliver a tranquil retreat in the expansive OWNER’S SUITE under a soaring ceiling and complete with a large WALK-IN CLOSET and well appointed private en-suite bath. The additional bedrooms share a second full bath. Residents of the Country Club of Mount Dora can access an array of wonderful AMENITIES and you are just minutes from shopping, dining, hospitals, parks, lakes and so much more. If you are ready to live a lifestyle of luxury, comfort, convenience and community, call today to schedule your tour!
Source: STELLAR #o6224946
Source: STELLAR #o6224946
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.
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: #o6224946