103 Sweetwater Trl Bunnell, FL 32110
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About this home
Welcome to this exceptional 10-acre live-work-play compound in the desirable Sweetwater Estates. Priced below recent appraisal. With 6.5 acres cleared and fully usable, this estate offers the perfect blend of luxury, privacy, and functionality. This property features a 6,000 sq ft insulated metal car barn with three oversized garage bays including a six-car air-conditioned bay, a professional office, conference room with kitchenette, and a full bath. A private fueling station, and two full RV hookups are also available at the property. A separate four-car detached garage provides additional space for vehicles, tools, or recreational equipment. The main residence is a certified green home built with 10-inch poured concrete walls, impact-resistant windows, spray foam insulation, and a smart HVAC system. Inside, you'll find 12-foot coffered ceilings, travertine floors, and an open layout. The gourmet kitchen features granite countertops, custom cabinetry, and a gas stove and fireplace. Step outside to an oversized screened-in, papered patio with a resort-style saltwater pool and swim-up bar, ideal for relaxing or entertaining. Additional highlights include a tankless gas water heater, fiber-optic internet, a whole-property reverse osmosis water system, and a 2.5-acre stocked pond with a fountain. Whether you're looking to live, work, or play, this one-of-a-kind property offers the space and infrastructure to do it all. Bring your RVs, boats, and cars - there's room for everything. Adjacent 10 acre parcel is also available for purchase and can be negotiated as part of a package deal. Information in the MLS is intended to be accurate, but is not guaranteed.
Source: STELLAR #FC312879
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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.
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