8108 GLENBROOKE PL, Sarasota, FL 34243
One or more photo(s) has been virtually staged. Welcome to Glenbrooke! This charming 3 bedroom, 2 bathroom home is tucked away on a over a quarter of an acre cul-de-sac, in a quaint community that offers the perfect blend of comfort and convenience. The split bedroom floor plan is perfect for families and guests alike with ample space for everyone. Formal living and dining rooms off of the foyer. The gathering room in the back of the home with sliding glass doors out to lanai and an electric fireplace. Remodeled kitchen with new cabinets accented with gold hardware, quartz counter tops, pendant lighting over breakfast bar, closet pantry with French doors, canned lighting and skyline. Wood beam accents around the kitchen. New appliances 2023. The master bedroom is located in the back right corner of the home with sliding glass doors out to lanai. The ensuite bathroom has been remodeled with a glass walk in shower, white vanity cabinets with drawers and granite countertop. The secondary bedrooms are on the other side of the home and share a tub/shower combo. Luxury vinyl flooring throughout the entire house except two secondary bedrooms with carpet. Outside you will find a covered lanai and a large fenced in yard that provides a safe space for kids or pets to play freely. Enjoy spending time outdoors, whether it's hosting gatherings or simply relaxing in your own little oasis. Playground and above ground pool included. Roof replaced 2017 including soffits and gutters. HVAC replaced 2018. Storage shed included. Electric car charging station included. Embrace the Florida lifestyle with ease, knowing you have the freedom to make this house your own. Centrally located in Sarasota, you are surrounded by a vibrant community with access to fantastic amenities, schools, shopping, and dining options. The city's beautiful beaches and recreational activities are just a short drive away, making it an ideal location for those seeking a mix of tranquility and excitement. An exceptional location only 4 miles to University Town Center! Don't miss the chance to make owning this home a reality.
You may be able to put down less than the total down payment amount of $53,072 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: #tb8305366