7817 Geneva Ln, Sarasota, FL 34243
2 beds · 2 baths · 1,195 sqft sqft
Welcome HOME to this 2/2/2 on a CUL-DE-SAC in the HIGHLY SOUGHT AFTER community of Treetops! When you enter, you are greeted with an abundance of natural light effortlessly flowing through the home, an expansive open floorplan, and tall VAULTED CEILINGS, adding a grand, airy feel to the living spaces. Discover the joy of cooking with the sleek, MODERN COOKTOP in this gourmet kitchen with a built-in oven, a cooking island, stainless steel appliances, gorgeous white cabinetry and a pantry! The kitchen flows into the dining area and the main living area, creating a seamless design which allows for easy interaction between spaces, whether you’re cooking, dining, or relaxing with family and friends. The primary bedroom has plenty of room for a sitting area, a large WALK-IN CLOSET, and an ensuite bathroom, offering both comfort and sophistication—your private escape. The guest bedroom is currently used as an office and a den, however it would be perfect for your guests! Step outside to the inviting screened-in lanai, perfect for enjoying the outdoors year-round. This spacious, bug-free area is ideal for relaxing with a morning coffee, an evening dinner, or entertaining guests. With its seamless connection to the home, the lanai provides the supreme extension of your living space, offering a peaceful retreat to soak in fresh air and scenic views in comfort. The backyard is fully FENCED! Treetops has incredible amenities, with low HOA fees that include the community pool, tennis courts, recreational facilities, and cable and internet! There are also NO CDD fees! The community is conveniently located within a 5 min drive to Sarasota International Airport, and UTC Mall! There are hundreds of restaurants and shops nearby, but downtown Sarasota is only about 15 min away, as well as the bridge to Lido Key and the Famous GULF BEACHES! Priced below market value, this opportunity is waiting for you to call HOME.
Source: STELLAR #w7868117
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7868117
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: #w7868117
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.