8818 Bismarck Palm Dr, Winter Garden, FL 34787
4 beds · 4 baths · 2,493 sqft sqft
You can stop looking, this luxury townhome by Tollbrothers checks every one of your must haves and some you didn't even know you wanted. FOR SALE FOR FIRST TIME EVER BY ORIGINAL OWNERS, this loved and cared for unit will have you smiling around every corner. PRIVATE SALT WATER POOL, travertine tiled courtyard and a 4th bedroom/ bonus room/ in-law suite over the detached 2 car garage are just some of the highlights of this amazing opportunity for one lucky buyer. Open floor plan design with massive kitchen. Everything is upgraded including pullout drawers, gorgeous cabinetry, natural gas Thermador fully vented cooktop and large island with farmhouse sink. Large pantry with pull out shelves, dining room and large great room complete the 1st floor. The owners suite is also heavily upgraded with one of a kind owners retreat... owners designed an incredible retreat with 6 ft garden tub, large walk-in shower, dual vanities and custom closet. 2 additional secondary bedrooms , full bath and upstairs laundry room with utility sink complete the 2nd floor. Enjoy your very own private oasis with the travertine tiled courtyard with screened SALT WATER POOL to relax and entertain. Signature water feature/ fountain is the perfect focal point of this tranquil area. Covered walk way to your 2 car garage and additional 20x16 bonus room with 3rd full bath, the possibilities are truly endless... 4th bedroom, guest quarters, in-law suite, gym, office... etc. Owners also pre-plumbed this room for a future wet bar ! Tile roof, TANKLESS GAS water heater and pest tubes built in the walls are definitely worth mentioning. Lakeshore preserve offers its residents resort level amenities and an incredible location minutes from everything Winter Garden. Adjacent to the 429 expressway for easy commute and Hamlin High school and Panther Lake Elementary both across the street. SO CLOSE to Disney, could not even get drone shots, in the no fly zone ! HOA includes cable, internet, landscaping and exterior maintenance... offering true resort lifestyle and amazing opportunity for anyone looking for a second home they can own with confidence. There is nothing like this on the market at this price, let alone at this condition. This is truly a must see opportunity.
Source: STELLAR #o6221492
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6221492
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: #o6221492
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.