1411 Clarks Summit Ct Orlando, FL 32828
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About this home
Welcome to your dream home in the highly sought-after Waterford Chase community! This stunning 6-bedroom, 4-bathroom residence offers an impressive combination of space, comfort, and style. Designed with functionality in mind, the home features two separate living and dining areas, a dedicated laundry room, and a large bonus room perfect for entertaining or relaxing with family and friends. The spacious bedrooms include walk-in closets, providing ample storage for everyone. The primary suite is a true retreat—complete with crown molding, a walk-in closet, a luxurious garden tub, and a private balcony with spiral stairs leading to the screened-in pool area. From here, you’ll enjoy breathtaking sunset views over the pond right from your own private oasis. Step outside to the fenced-in oversized lot with an enclosed pool area, ideal for gatherings or quiet evenings outdoors. Recent upgrades include a new roof (2022) and washer and dryer (2024) for added peace of mind. Residents of Waterford Chase enjoy access to fantastic community amenities such as a playground, tennis courts, and basketball court. Conveniently located just minutes from Avalon Park Town Center, Waterford Lakes Shopping Village, UCF, and major highways including 417 and 408, this home offers both convenience and lifestyle. Don’t miss your opportunity to own this exceptional property—schedule your private showing today!
Source: STELLAR #O6355251
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Close stress-free in 45 days, handled start to finish by Roam.
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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.