8348 Fort Clinch Ave, Orlando, FL 32822
3 beds · 2 baths · 1,514 sqft sqft
BACK ON THE MARKET! Buyers financing fell through!! Sellers are motivated!! Welcome to your serene oasis in Orlando, Florida! Nestled in a peaceful neighborhood, this charming single-family home offers 3 bedrooms and 2 full bathrooms spread across 1,514 square feet of thoughtfully designed living space. Step inside to discover a bright and airy interior highlighted by modern upgrades, ceramic tile throughout, and a welcoming atmosphere. The heart of the home features a spacious living area that flows effortlessly into a stylish kitchen, complete with sleek appliances and ample cabinet space. One of the standout features of this property is the stunning water views visible from the screened-in patio, where you can unwind and enjoy the tranquil sights and sounds of nature. The lush landscaping and fruit trees add to the beauty and privacy of the outdoor space, creating a retreat-like ambiance right in your own backyard. This home is equipped with smart home technology, offering convenience and efficiency at your fingertips. The master bathroom has been recently updated, showcasing modern fixtures and finishes for a spa-like experience. Practical upgrades include a full replumbing with PEX plumbing in 2022, ensuring peace of mind and reliability for years to come. Additionally, a brand new roof installed in 2021 adds to the home's value and durability. Located in a desirable Orlando neighborhood, this property offers a perfect blend of tranquility and accessibility. Enjoy close proximity to shopping, dining, and entertainment, making it an ideal choice for families and professionals alike. Whether you're lounging on the patio, exploring the vibrant city of Orlando, or simply enjoying the comforts of home, this residence promises a lifestyle of relaxation and convenience. Schedule your tour today and discover the endless possibilities awaiting you in this wonderful home.
Source: STELLAR #o6216604
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6216604
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.
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: #o6216604
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.