8762 TUSCANY ISLES DR, Punta Gorda, FL 33950
Discover the perfect blend of comfort and elegance in this 3-bedroom, 2-bath, 2 car garage villa, located in the serene gated community of Tuscany Isles, Punta Gorda. From the moment you step inside, you'll be captivated by the abundant natural light and the inviting ambiance that fills the beautifully appointed living spaces with 9'4" ceilings and beautiful wood tile flooring. Designed with a thoughtful split floor plan, this home offers both privacy and functionality, making it ideal for relaxing or entertaining. The open layout seamlessly connects the living, dining, and kitchen areas, creating a harmonious flow that’s perfect for hosting gatherings or enjoying quiet moments. Culinary enthusiasts will appreciate the modern kitchen, complete with high-quality Whirlpool stainless-steel appliances, granite countertops, Oak/Birch 36" recessed panel cabinets, a convenient breakfast bar with stylish pendant lighting and is open to the living space. Retreat to the spacious master suite, a true haven with a large walk-in closet and en-suite bathroom that provides a tranquil escape after a long day featuring a tiled walk-in shower with glass door and granite top vanity with dual sinks. Family and friends alike will appreciate the guest area with two guest bedrooms along with a full guest bath that is tucked away from the living area ensuring privacy for all. Step outside to the screened lanai and savor your morning coffee or dine alfresco while basking in the Florida sunshine. The outdoor space is perfect for relaxing and enjoying the serene surroundings. Tuscany Isles offers resort-style amenities that enhance your lifestyle, including a sparkling pool, sun-drenched sundeck, and a welcoming clubhouse overlooking a picturesque community lake. Enjoy a maintenance-free lifestyle with low quarterly HOA fees, allowing you more time to indulge in the community's amenities and vibrant social scene. Beyond the gates, explore the charm of downtown Punta Gorda with its unique shops, local eateries, and cultural attractions. Outdoor enthusiasts will find plenty to do, from boating and fishing to golfing. Convenient access to I-75 also means Fort Myers and Sarasota are just a short drive away. Don’t miss out on this opportunity to own a slice of paradise. Schedule your private showing today and start living the Florida lifestyle you’ve always dreamed of!
You may be able to put down less than the total down payment amount of $102,679 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: #c7496574