8115 SARCEE TRL, Jacksonville, FL 32244
**Welcome to Your Serene Jacksonville Retreat!** Experience tranquility in this beautifully updated home, situated on a premium oversized lot. From the moment you arrive, the peaceful ambiance surrounds you, highlighted by a long driveway that accommodates up to 10 cars—perfect for hosting gatherings or projects. The expansive, fully fenced backyard features a convenient double gate for easy access, and a shed is included for your storage needs. Recent updates include a brand-new roof (2024), a new A/C system (2021), and both a tankless water heater and water softener system for added convenience. As you enter, you'll immediately feel at home. The living room boasts high ceilings and a cozy wood-burning fireplace, creating an inviting space for family gatherings. The dining area is just a step away from the kitchen, making it easy to entertain. On the first floor, you'll find a secondary master suite with a walk-in closet and private bathroom, along with an additional bedroom and a shared bathroom. A brand-new sliding door opens directly to the expansive backyard, enhancing your outdoor living experience. Upstairs, the family room offers a fantastic space for games and movie nights. To your right, the owner’s suite provides a built-in closet, en-suite bathroom, and additional storage, ensuring privacy and comfort. The massive wood deck wraps around the house, accessible from both the backyard and interior, making it an ideal spot for relaxation and entertaining. Towering oak trees add character to the property, giving it a warm, inviting feel. Located in a friendly neighborhood perfect for walks and bike rides, this home comes with the bonus of NO HOA, allowing you to bring your trailer, RV, boat, or any recreational toys. Don’t miss this opportunity to call this beautiful house your home!
You may be able to put down less than the total down payment amount of $147,107 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: #g5087253