8107 SW 92nd Cir, Ocala, FL 34481
3 beds · 3 baths · 2,354 sqft sqft
Why wait for a new build when this like new Arlington, energy efficient smart home on 1/3 acre lot is available now and still under warranty. Just a short drive to many area beaches or a short gallop to the World Equestrian Center. This home boasts brand new epoxy garage floor, full 3 car garage, state of the art reverse osmosis water system, many custom upgrades (over $60,000 worth) and professional landscaping accentuate the curb appeal. As you stroll up the brick pavers to the front door you will enjoy the colorful landscape that provides a great environment for many birds and colorful butterflies. Entering the home, you will find a bedroom suite with its own bathroom on one side and another huge bedroom and separate bathroom with a linen closet on the other side. This home features custom plank ceramic tiles throughout the living areas, the wet areas and the owner's suite. The home opens up to a huge living area, kitchen with a 10 X 4.5 ft island and extra storage along with a dining area. No need to have bottled water as you can just take the water out of the spout next to the faucet. The deep, rich tones of dark cabinets with crown molding and high-end hardware exude a sense of sophistication, making a statement in the room. As you sit in the living area or at the dining table, there is an unobstructed view of the sunset or the breath-taking landscape of flowering roses. The Man Cave or Fem Den is a 200 SQ FT AIRCONDITIONED & HEATED ROOM with epoxy floor and a window and can be anything you want from an exercise area, game room, craft room or a workshop extension of the garage. This Candler Hills smart home has endless possibilities including room for a pool or extending the lanai for your entertainment purposes. Totally separate from the other room is the owner's suite with upgraded flooring, huge walk-in closet with custom lighting and shelving along with custom shower tiles and mirrors over the vanity. Throughout the home are custom blinds and lighting. Located in Ocala's premier, gated, active 55+ community, loaded with amentities, including golf cart access to 2 shopping centers.
Source: STELLAR #om689154
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om689154
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: #om689154
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.