1438 E Shores Blvd Gulf Breeze, FL 32563
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About this home
Discover unparalleled elegance and convenience in this custom built, open floor plan home, nestled within a highly sought-after gated community that is walking distance to the Sound and Boat ramp. Key features include 4 Bedrooms and 3 Full Bathrooms. Stunning Vaulted Beamed Ceilings in the Living Room. Gourmet Kitchen with a large Breakfast Bar, abundant cabinets and storage, and a walk-in panty with wooden shelves. Multiple dining areas include a separate Dining Room and a Breakfast Nook. Dedicated Office and a functional Laundry Room. The Primary Bedroom is situated away from the other bedrooms and boasts elegant step-up ceilings with crown molding. The Primary Bathroom features a beam ceiling, a large soaker tub, a tiled walk-in shower, two separate Quartz vanities, and a private water closet. The Second and Third Bedrooms have a Jack & Jill bathroom between them. The Fourth Bedroom has a bathroom just outside in the hall, which is perfect for Mom/Dad or guests. Enjoy your morning coffee on the large screened in porch. The backyard is completely fenced in. This Home has many upgrades throughout. Don't miss your chance to own this beautiful home. Home is Virtually Staged.
Source: EMERALDCOAST #986597
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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.