8055 102nd Ave, Vero Beach, FL 32967
4 beds · 3 baths · 2,428 sqft
Welcome to this stunning 4-bedroom, 3-bath home located in the desirable Vero Lake Estates! Boasting 2,428 sq ft of beautifully upgraded living space, this home is a true gem! The owners are highly motivated to sell, and it is priced below appraised value, making it an unbeatable opportunity you won’t want to miss! Why You’ll Love This Home: 4 spacious bedrooms and 3 bathrooms – Perfect for growing families or those who love to host guests! Gourmet kitchen with sleek finishes and modern upgrades, ideal for cooking and entertaining. Multi-purpose room with French glass doors, ready to serve as a stylish office, playroom, or extra guest space. Plus, it comes with a wooden Murphy bed and bed frame for visiting guests. Screened lanai offering the perfect spot for relaxing or entertaining outdoors year-round. Hot tub included with a remaining balance of approximately $5K, offering a private sanctuary to unwind and enjoy. In the Master bedroom there's a separate enclosed shower for that spa-like feel. Additional Property Details: -Double-hung windows for ease of maintenance and energy efficiency. -Fenced yard ensures ultimate privacy and security, perfect for playtime or pets to play freely. -Extended driveway that accommodates up to 9 cars – ideal for hosting social gatherings or family events! -Optional HOA – enjoy the flexibility of living without the constraints of a mandatory homeowners association. This meticulously upgraded home is truly move-in ready and offers the perfect blend of luxury and comfort. With tons of space, modern upgrades, and extra conveniences, it’s ideal for anyone looking for their dream home. Don’t wait – this home will not last long at this price! Contact us today to schedule your private showing before it’s gone!
Source: STELLAR #o6261704
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6261704
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: #o6261704
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.