7786 Moonstone Dr # 7-204, Sarasota, FL 34233
3 beds · 2 baths · 1,417 sqft
Coastal style CORNER UNIT townhome located on the second floor TURNKEY FURNISHED 3 bedroom, 2 bathroom, NEW LUXURY VINYL FLOORING, NEW TILE PLANKED FLOORING AND STONE WALL SCREENED IN PRIVATE BALCONY, NEWER AC, with dual access from both the side entrance and a spacious attached one-car epoxy flooring garage. The residence caters to a range of lifestyle needs, whether it's a family home, vacation retreat, or primary residence. Prime location in the gated, pet-friendly, maintenance-free neighborhood of Stonehaven in the Palmer Ranch area LOW HOA and NO CDD! The open floorplan is light, bright, features high ceilings with natural sunlight reflects pristine care and attention to detail. A tastefully done kitchen with breakfast bar, granite countertops and stainless appliances. The primary bedroom boasts sliding doors to the lanai, ensuite bath, with walk-in shower, oversized closet. The two guest bedrooms (queen bed in one bedroom and the other bedroom is currently set up as an office, shared guest bathroom are located on the one side of the home, offering privacy. For your convenience, the washer and dryer are inside the closet by the guest bathroom. Stonehaven has resort-like curb appeal with lush tropical landscape surrounded with ponds to enjoy year-round. Stonehaven includes resort-style community pool and playground, along with the roof and exterior maintenance of the condo, lawn maintenance and landscaping, interior and exterior pest control, and garbage pickup. Boasting proximity to Siesta and Casey Key, it offers easy access to the mesmerizing sugar sand beaches, providing residents with a taste of the coveted coastal lifestyle. The location's convenience extends to the nearby Legacy Trail, I-75, restaurants, theater, Lido Key, St. Armand’s Circle, Oscar Scherer Park, schools, colleges, UTC and so much more. Schedule your showing today and start living your Gulf Coast Lifestyle in Paradise.
Source: STELLAR #a4632393
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4632393
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: #a4632393
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.