7727 36th Ln E, Sarasota, FL 34243
3 beds · 2 baths · 1,865 sqft
Step into a rare opportunity at 7727 36th Ln E, Sarasota, FL 34243—offering modern upgrades, serene lake views, and an Assumable VA Loan with a 2.5 interest rate. This 3-bedroom, 2-bathroom home with a 2-car garage is located in the serene Country Palms neighborhood, where a super low HOA fee of just $437 annually adds to the appeal. Perfectly blending modern upgrades with timeless comfort, this property is a must-see for anyone seeking style, convenience, and efficiency in one of Sarasota’s most sought-after locations. Step inside to an open and thoughtfully designed layout that maximizes space and natural light. The split floor plan ensures privacy for all, while vaulted ceilings and hurricane-impact windows provide elegance and resilience. The updated kitchen, featuring modern appliances and contemporary finishes, anchors the home and flows seamlessly into the dining and living spaces. The outdoor living experience is equally captivating. A heated pool and above-ground spa are nestled in the covered lanai, accessible through sliding glass doors from the family room, dining room, and master bedroom. The 2023 pool pump, connected to the home’s solar panels, ensures efficient and worry-free enjoyment. Relax while taking in tranquil lake views as the sun rises, accompanied by the serene presence of duck families gliding across the water. Both the front and back lanais feature fine screening designed to protect against mosquitoes and no-see-ums, making your outdoor spaces even more inviting. This home boasts energy-efficient features that keep utility costs low, including 2023 solar panels that power both the pool pump and the EcoNet Prestige series Rheem water heater. A brand-new 2023 Daikin HVAC system, complete with a split unit in the master bedroom, allows personalized climate control, ensuring restful nights. Updated laundry appliances add further convenience to this thoughtfully equipped home. Country Palms is a charming and well-maintained community known for its quiet atmosphere and unbeatable location. You’ll be just 10 minutes from Sarasota-Bradenton Airport, 15 minutes from pristine beaches, downtown Sarasota, and world-class shopping at University Town Center. Private country clubs, public golf courses, and boating facilities are also within 15 minutes, making this an ideal home for those who love to embrace the Florida lifestyle. Whether you’re looking for a family home, a snowbird retreat, or an investment property, this home offers exceptional value in a dynamite location. Don’t miss your chance to own this stunning property—schedule your showing today!
Source: STELLAR #N6135846
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Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Rates and payments are estimates based on public records.
Source: Public records
Source: STELLAR #N6135846
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.