7192 PARAGON RD, North Port, FL 34291
Welcome to a meticulously crafted haven in North Port, Florida – a custom-built 3-bedroom, 2-bath retreat that beckons you to experience the essence of tropical living. Step inside and be greeted by the warm embrace of oak hardwood floors, guiding your gaze to the quadruple sliding glass doors that frame a picturesque view of a stunning showpiece pond, complete with a tranquil fountain and your very own private oasis. This home features an open floor plan, providing abundant space for both family and guests, all while ensuring privacy with its cleverly designed split bedroom layout. The spacious living room serves as the heart of this residence, seamlessly leading to a kitchen adorned with beautiful Spanish tile, stylish backsplash accents, top-quality wood cabinetry, stainless steel appliances, and an inviting eat-in dining area bathed in natural light. The master bedroom offers an inviting retreat with its roomy walk-in closet featuring custom built-ins, an en-suite boasting dual vanity sinks, a soothing walk-in shower, and a separate soaking tub for moments of pure relaxation. Two additional generously sized guest bedrooms share a tastefully appointed guest bathroom located at the opposite end of the home. Added convenience comes in the form of extra storage cabinets in the inside laundry room, which leads to the spacious 2-car garage. Imagine starting your day with a cup of coffee on the screened paver lanai, listening to the soothing fountain and taking in the lush tropical landscaping that graces your backyard. Create cherished memories around the back fire pit, or indulge in a good book on the outdoor bench swing. Additional amenities include a separate outdoor storage shed and a dedicated space for your furry friends to frolic. This property has been thoughtfully upgraded with a BRAND NEW ROOF (installed in June 2023), ICF (insulated concrete foam) exterior walls, R38 insulation in the attic, double-pane windows with UV Coating, and a high-quality water treatment system. Located in close proximity to local schools, grocery stores, restaurants, shopping centers, Interstate 75, pristine beaches, and the Atlanta Braves Training Facility, this home offers the perfect blend of convenience and serenity. Don't miss the opportunity to make this tropical paradise your own. Be sure to check out the Virtual Tour, and contact us to arrange your private showing TODAY. Your tropical sanctuary is ready to welcome you!
You may be able to put down less than the total down payment amount of $144,383 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #d6133183
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.