8189 Austrian Blvd, Punta Gorda, FL 33982
3 beds · 3 baths · 2,062 sqft sqft
Welcome to this delightful 2.5-acre fully fenced mini-farm, perfectly blending rural charm with modern updates. Upgrades include a new A/C, roof, fresh interior paint, ceiling fans, luxury vinyl plank flooring and a whole home reverse osmosis system. This 2006-built home offers three bedrooms, a versatile den, two full baths, and an additional half bath on the lanai, with plenty of room for the pool of your dreams. Step inside to enjoy an open floor plan that flows seamlessly from spacious living areas to a well-equipped kitchen, making it perfect for gatherings and daily life. Outdoors, homesteaders and hobby farmers will love the property’s setup. Three fully fenced pasture areas are ideal for horses or livestock, and a chicken coop with an enclosed chicken run where you can have chickens and enjoy fresh eggs daily. A well sized container garden is also ready to grow fresh produce for the family. The 12x32 insulated and air-conditioned workshop, complete with a ramp and roll-up door, offers a comfortable workspace for projects or storage, and the two-car garage adds even more functionality. NO HOA and NOT IN A FLOOD ZONE. DOES NOT REQUIRE Flood Insurance! Centrally located in the SW Florida area, this home is close to I-75 and the Punta Gorda Airport and offers shopping, dining and entertainment options for the family. And don’t forget to bring ATVs and other toys to enjoy the best of country living. This charming mini-farm provides a self-sufficient lifestyle with the ease of a move-in-ready home.
Source: STELLAR #c7499797
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7499797
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: #c7499797
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.