1031 August Sky Dr Deltona, FL 32738
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About this home
PURCHASE THIS HOME NOW BY ASSUMING THE CURRENT LOAN AT 5.7 PERCENT INTEREST RATE. This delightful residential property offers a modern and comfortable living environment in a highly secluded area of Deltona! The home features a thoughtfully designed open floor plan that includes spacious living areas, sophisticated finishes, and an abundance of natural light. Upon entering the home, you come into a bright and elegant foyer that provides immediate access to the rooms, and the living and kitchen areas located toward the rear-south of the home, creating an exceptionally private family environment. The kitchen is full of elegance and high quality! The kitchen island is double sized, featuring solid 1-inch one-piece granite countertop. The kitchen sink is nicely designed facing the dining and living areas, allowing for eye contact and communication with your spouse, children, siblings, or friends during gatherings! The kitchen, additionally, is equipped with stainless steel appliances including a refrigerator, stove, microwave, and dishwasher. The kitchen cabinets are 36" tall, providing plenty of storage space with soft-closing hinges, and a walk-in pantry. Yes, this is an elegant home that awaits you! High quality ceramic tile flooring with soft color throughout the home, and carpet in the bedrooms. The bathrooms are super neat with high quality 1 inch granite countertops as well! The master bedroom includes a walk-in closet, dual sink vanity and walk-in shower. Smart home features include keyless front entry, a smart thermostat, and a video doorbell (by SkyBell). You will additionally enjoy an attached 2-car garage with a concrete driveway, and a home with block and stucco construction on a slab foundation. The extremely economic community association takes care of the common grounds and playground, ensuring a secure and private atmosphere. Located in a peaceful neighborhood, this home is conveniently located near local amenities, parks, schools, and major highways, making it an ideal choice for families or anyone seeking easy access to the attractions of Deltona and its surrounding regions. Come see it, and make this delightful home yours today!
Source: STELLAR #O6332184
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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.