8501 Foxtail Loop, Pensacola, FL 32526
4 beds · 5 baths · 4,297 sqft
Welcome to this extraordinary Luxurious property which is an architectural and design masterpiece offering the ultimate in privacy and seclusion for today`s discerning homebuyer. Nestled in Nature Trail, just minutes away from Navy Federal and I10, lies this 4-bedroom, 4.5-bathroom Plus 35x15 BONUS ROOM home offering unparalleled comfort and convenience. Only 20 minutes from Downtown Pensacola, White Sand BEACHES, Cordova Park area and Baptist Hospital. As you approach, a charming stone tile walkway guides you towards the COVERED FRONT PORCH where moments of relaxation await. Stepping inside, you're greeted by a spacious 28 x 20 living room adorned with COFFERED CEILING, setting a tone of openness and elegance that flows seamlessly throughout the residence. Gorgeous PLANTATION SHUTTERS are furnished on every window! Heart of the home, An Expansive Chefs kitchen, boasting a CENTRAL ISLAND and a WRAP-AROUND BREAKFAST BAR, all adorned with sleek GRANITE COUNTERTOPS and featuring a TILE BACKSPLASH, and ALL STAINLESS-STEEL APPLIANCES. A walk-in pantry ensures ample storage space for culinary delights. The MASTER SUITE with COFFERED CEILING, spanning 24 x 16, offers a serene sanctuary complete with a generous WALK-IN CLOSET and a cozy 13 x 11 SITTING AREA, or it can be used as an office. The master bath features an EXTRA-LARGE SHOWER and luxurious SOAKING TUB, promising moments of tranquility and rejuvenation. Three additional bedrooms provide comfort and privacy, with one enjoying its own PRIVATE BATH. Each bath within the home features exquisite GRANITE COUNTERTOPS, with all but one featuring a BIDET, adding a touch of sophistication and modernity. The FLORIDA ROOM features its own GRILL, Refrigerator, and SINK, all accented by GRANITE countertops. 32 x 15 BONUS ROOM, complete with its own PRIVATE BATH, offers endless possibilities for recreation and relaxation. This home features a New 21 x 20 COMPOSITE WOOD DECK, Side Entry OVERSIZED 3 Car Garage and 4 year old Roof!
Source: PENSACOLA #641875
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #641875
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: #641875
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.