7122 Forty Banks Rd, Harmony, FL 34773
2 beds · 2 baths · 1,316 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 7122 Forty Banks Rd, a charming 2-bedroom, 2-bathroom condo nestled in the heart of Harmony’s desirable Ashley Park community. Built in 2006, this 1,316 square-foot second-story unit offers a blend of comfort and convenience, featuring an attached rear-facing one-car garage for your ease. ? As you step inside, you’ll be greeted by an open and inviting living space adorned with vaulted ceilings and ample natural light. The well-appointed kitchen boasts stainless steel appliances, making meal preparation a delight. The spacious master suite includes a walk-in closet and an en-suite bathroom, providing a private retreat within your home. ? Living in Ashley Park means embracing a lifestyle enriched with numerous amenities. The Homeowners Association (HOA) fee covers landscaping, exterior building insurance, and basic cable, ensuring a low-maintenance experience. Residents have access to a community swimming pool, perfect for leisurely afternoons. ? Harmony itself is an award-winning golf community that offers a plethora of recreational activities. Enjoy dining, shopping, hiking, biking trails, and lakes with fishing piers. The community also features several pools, dog parks with washing stations, and even horseback riding opportunities. ? For those looking to explore beyond the community, Harmony’s prime location provides convenient access to some of Florida’s most sought-after attractions. The magic of Walt Disney World is approximately a 40-minute drive away, offering endless entertainment options. Additionally, the pristine beaches of the Atlantic Ocean are within an hour’s reach, perfect for weekend getaways. Priced competitively at $239,500, this condo represents the lowest listing in the neighborhood, presenting an exceptional opportunity to own a piece of Florida paradise. Don’t miss your chance to experience the harmonious blend of comfort, convenience, and community that 7122 Forty Banks Rd has to offer.
Source: STELLAR #S5119210
Source: STELLAR #S5119210
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.