1021 Cannes Dr Kissimmee, FL 34759
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About this home
One or more photo(s) has been virtually staged. Welcome to your new home in Ponciana Villages! This lovely four-bedroom, three-bathroom house is located in a highly desirable community. As you enter, you’ll appreciate the open-concept layout that connects the living spaces, making it perfect for both relaxation and entertaining. The split bedroom design offers privacy for family members, while the formal dining room is great for meals together. The flexible formal living room can serve as an office or flex family area, depending on your needs. The spacious kitchen features a central island and breakfast bar, along with stainless steel appliances that make cooking a pleasure. The large primary bedroom includes an en suite bathroom with a tiled shower and garden tub, plus a large walk-in closet and private water closet for added convenience. The entire home has beautiful tile flooring, with cozy laminate in the bedrooms, and large windows throughout let in plenty of natural light. Step outside through the sliding glass doors to a expansive concrete porch, perfect for enjoying your morning coffee or evening relaxation. The backyard also has a handy storage shed for all your outdoor tools. Living in Ponciana Villages means you’ll have access to great amenities like a clubhouse, fitness center, playground, park, pool, recreational ball court, and tennis courts, so there’s always something to do. Plus, you’ll be close to major highways, schools, shopping, and local attractions. Don’t miss your chance to make this wonderful home your own—schedule a viewing today!
Source: STELLAR #P4935645
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.