9276 SW 89th Street Rd, Ocala, FL 34481
3 beds · 3 baths · 2,459 sqft sqft
Welcome to this RARE Glasgow model that seamlessly gives you the perfect combination of indoor and outdoor living! As you enter the front door you will be amazed by a screened-in, and brick paved, courtyard. This area is the perfect location for a quiet evening looking up at the stars or throwing a party for your friends and neighbors. Your culinary skills deserve this built in summer kitchen featuring a Paradise grill with a side burner. The grill is hooked up to the natural gas line for the home so you never have to worry about running out of fuel in the middle of a cook. Adjacent to the courtyard you will find the casita (in-law suite) that features a large bedroom and a full bath. The casita is perfect for giving your guests privacy and keeping some for yourself. The courtyard is accessible from the living room, casita, kitchen and guest wing of the main house. The main portion of the home features tall ceilings, a large living area with a stunning built in fireplace. Cook in style with staggered cabinets crowned with molding, built-in spice racks, a refuse cabinet, soft-close features, a tile backsplash, Quartz countertops, and stainless steel appliances. The primary suite and guest wing are in a split format for added privacy. This home also has a screened-in lanai to the rear with motorized shades to keep you comfortable all year long. A whole home water purification system in included along with the washer and dryer. The garage has a epoxy coat on the floor and is oversized to give you enough room for 2 cars and your golf cart! Homes like this one don't hit the market often so schedule your visit today!
Source: STELLAR #om689541
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om689541
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: #om689541
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.