1025 Oceanbreeze Ct Orlando, FL 32828
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About this home
Welcome to this stunning 2-story home featuring 4 bedrooms, 2.5 baths, and a 2-car garage, ideally situated in the heart of East Orlando’s Waterford Lakes community. From the moment you walk through the elegant glass double doors, you’re greeted by soaring two-story ceilings and bright, open living spaces filled with natural light. This home is FULLY SOLAR-PANELED, providing exceptional energy efficiency and average electric bills of only around $35 per month, and best of all, the solar panels will be PAID OFF AT CLOSING! Major updates include a brand-new roof, 4-year-old A/C and water heater, newer plumbing (2016), and fresh interior paint (2019). The updated kitchen features newer stainless-steel appliances, a breakfast nook, and plenty of counter and cabinet space. The downstairs primary suite offers a peaceful retreat with a private bath featuring a soaking tub, separate shower, and dual sinks. Upstairs, enjoy newly upgraded wood flooring throughout the staircase and second level, adding a warm, modern, and luxurious feel. Located on a corner lot within a quiet cul-de-sac, this home sits on nearly ¼ acre of fully fenced yard space, perfect for family gatherings, pets, or planting your very own fruit trees galore! The covered patio makes outdoor living a breeze, blending privacy and comfort with a touch of nature. The Waterford Lakes community offers an incredible assortment of amenities at the recreation center, including a resort-style pool and kids’ wading pool, multiple tennis, racquetball, basketball, pickleball, and volleyball courts, an outdoor gym, a renovated playground, and baseball and soccer fields, plus gated dog parks for your furry friends. Conveniently located near A-rated schools, UCF, Lockheed Martin, major highways, and Waterford Lakes Town Center for premier shopping and dining. This home truly offers it all; energy savings, modern updates, and a spacious outdoor oasis, in one of Orlando’s most desirable locations!
Source: STELLAR #O6355122
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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.