7801 Grande Shores Dr, Sarasota, FL 34240
3 beds · 3 baths · 2,486 sqft
Get a free consultation call with an expert in the mortgage assumption process.
HUGE Price Improvement! MOTIVATED SELLERS! Welcome to 7801 Grande Shores Dr, an exceptional residence nestled in the highly sought-after Shoreview community in Sarasota. This stunning home offers an unparalleled lifestyle with modern amenities, all set within a picturesque neighborhood known for its pristine surroundings and resort-style living. This beautiful home features an open floorplan, allowing for seamless flow and easy entertaining. It also includes a private pool and spa, hurricane shutters for added peace of mind, a water filtration system, and beautiful landscaping that enhances the curb appeal. The large master bedroom closet offers ample storage space, making it a standout feature in this well-designed home. Located within Shoreview, a maintenance-free community, you’ll enjoy a stress-free lifestyle with services that keep the neighborhood impeccably maintained. The community offers a variety of exclusive amenities, including a clubhouse, fitness center, tennis and pickleball courts, scenic walking trails, a dock, and water access. The location is unbeatable—just moments away from the Waterside development, where you can enjoy an array of dining and shopping options. Waterside features over 20 restaurants, more than 50 retail stores, volleyball courts, a water taxi, a playground, and a splash pad. It is also home to the #1 voted farmers market in the state of Florida, offering a dynamic blend of local and national brands that cater to every taste and need. . Adding to the appeal, Shoreview is part of the greater Lakewood Ranch area, the #1 master-planned community in the US, known for its exceptional planning, amenities, and lifestyle offerings. This home not only offers a luxurious living experience but also a prime location that puts you at the heart of everything Sarasota has to offer. Whether you’re looking for a night out, a day of shopping, or simply enjoying the natural beauty of the area, 7801 Grande Shores Dr is the perfect place to call home.
Source: STELLAR #N6134361
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #N6134361
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.