8107 SW 92ND CIR, Ocala, FL 34481
Why wait for a build when this this like new energy efficient smart home on 1/3 acre lot is available now. 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, 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 enjoy the colorful landscape that provides a great environment for many birds and colorful butterflies. As you enter the home, there is 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 owners suite. The Jr. Suite and the guest bedroom are carpeted. The home opens ups 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, hibiscus or crepe myrtle trees with native birds flying by. There are endless possibilities of adding a pool or extending the lanai for your entertainment purposes. Totally separate from the other rooms 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. All throughout the home are custom blinds and lighting. THE BONUS room or the extra space you need, a 200 sq ft air conditioned room with epoxy floor can be anything you want from a "man cave" or a "femden", an exercise area, game room, crafts room or a workshop extension of the garage. This Candler Hills smart home comes equipped with wi-fi thermostat with sensors through out the home saving hundreds in energy costs. The lights , garage and irrigation allow for remote access when away home, as they are all controlled by an app on your phone. End your day on the lanai where the custom screens and shades keep the lanai cool while you enjoy the golden sunset and beautiful oversized backyard. This home is a must see!
You may be able to put down less than the total down payment amount of $318,390 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #om685134
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.