7283 SW 37TH RD, Gainesville, FL 32608
Beautiful and well-appointed 2016-built GW Robinson home in highly-desired Garison Way faces the community's promenade common area! Views you can enjoy from your stone-paved front porch! This home also backs up to Kanapaha Park, fenced in with manicured & mature landscape and gives you your own slice of privacy! Gorgeous setting! Sprawled on almost 2000 sq ft of heated & cooled spaces, it offers 3 bedrooms, 2 baths plus an office! When built in 2016, it met the rigorous standards required to be a Green Home! Gorgeous kitchen with BRAND NEW fridge, stainless steel appliances that includes a gas stove, large island with seating and adorned with fancy corbels, loads of premium glazed cabinetry with soft close feature and granite counter tops. Wood floors throughout living area, kitchen and office and tile in both baths and laundry room. Other highlights include 10' flat ceilings, tray ceilings in living room, 6" crown molding, indoor/outdoor speakers, pre-wired security system and tankless hot water heater. Large owner's suite with two walk in closets, double sinks, linen tower, walk in shower with niche and beautifully-set listel and jetted tub! Triple sliders open to stone-paved screened-in porch that overlooks your private oasis. It is also plumbed for gas/water and ready for your summer kitchen (grill in pic stays)! Laundry room with counters, laundry tub, washer & dryer is right by your drop zone/valet area and 2 car garage. Rain gutters, transom windows, blinds, oversized hall bath, regularly serviced AC are other features. Enjoy the convenient location of Garison Way along with the community pool and playground! Call today for your private tour!
You may be able to put down less than the total down payment amount of $104,152 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: #gc524588