920 Turkey Crk, Alachua, FL 32615
4 beds · 3 baths · 2,364 sqft
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Looking to get away from the hustle and bustle, but still minutes to Gainesville, don’t miss this lovely 4 bedroom, 3 bath plus study home in the White Oaks section of the gated community of Turkey Creek. Located on a spacious .27 acre lot, this all Hardiboard home is located on a desirable cul-de-sac street and enjoy a brand new roof 2022 and NEW HVAC 2023. Enter the welcoming foyer to views of the separate formal living room and formal dining room, both featuring newer wood floors and an abundance of natural light. To the left of the foyer is a spacious study with built-in shelving. Beyond the formal living areas is a large kitchen featuring all wood cabinets and a extensive breakfast bar which can accommodate multiple bar stools. Adjacent to the kitchen is a light filled breakfast room. The kitchen and family room compose an open floor plan and the family room features wood floors, game closet, and sliders to the screen lanai. On the opposite end of the house is the owner’s suite which features an over-sized walk-in closet and a large owner’s bath with double vanity, shower, and private water closet. Off the main living area on the kitchen side of the home a hallway leads to 3 large guest rooms and 2 hall baths, both with tub/shower and skylights. A large covered and screened lanai opens to a concrete courtyard area, perfect for entertaining. A large yard has newer fencing installed by the HOA. An indoor laundry with washer and dryer along with a 2 car garage completes the picture. Turkey Creeks offers a range of amenities including an 18 hole golf course, clubhouse complete with restaurant, pool, tennis courts, and play ground. There is a second pool for the exclusive use for residents who reside in White Oaks. Turkey Creek is a convenient location halfway between Gainesville and Alachua where there is a wide choice of shopping in both areas, not to mention a short drive to UF and I-75.
Source: STELLAR #GC524461
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #GC524461
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.