766 Blades Ct, Winter Springs, FL 32708
3 beds · 2 baths · 1,450 sqft sqft
***SELLERS ARE MOTIVATED*** Beautiful 3 bedroom / 2 bathroom, split floor plan, with a 2 car garage, located in The Charming Highlands Community. You'll love the spacious & private 1/4 acre lot that is located on a small Cul-De-Sac. UPDATES: 2018 NEW ARCHITECTURAL SHINGLE ROOF, HOT WATER HEATER 2023, RE-PLUMBED AS WELL. The Vaulted Ceilings in the Living Room creates a sense of spaciousness, with floor to ceiling wood burning fireplace. The Formal Dining is perfect for more formal get togethers, and is a must see! The kitchen is quite spacious, with plenty of counter space and cabinets; the kitchen sink over looks the backyard. The HUGE Family Room is 13' x 17', and it has sliding glass doors out to your super-spacious screened in back porch. The laundry room is a bonus space in the home, it measures 11' x 13', this room offers PLENTY of storage space and it can be used for a home office or workout room. Convenient location, being right around the corner from the incredible, HUGE, community pool! This home is in the much sought after Seminole County School District! Newer Roof. Ranch Style home in the heart of Winter Springs. Back patio is screened in and measures 14' x 23'. Community features are Junior Olympic Size SALT Water Swimming POOL, Tennis Courts, Nature Trails, Lakeside Park with Picnic Area including BBQ Grills, Restroom Facilities, Playground, & Clubhouse. There are additional playgrounds throughout the community. The home is supplied with natural gas. This Highlands community is also close to all major roads for quick travel to the local attractions and the Sanford airport. Call today for your private viewing!!
Source: STELLAR #o6234229
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6234229
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: #o6234229
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.