14430 SE Highway 42 Weirsdale, FL 32195
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About this home
Unique opportunity to own this rare and beautiful 2 story log home on a 10.17 acre farm. Gated driveway will lead you to the home that sits on a hill towards the end of the property. Open floor plan with a real wood burning fireplace in the living room and 2 guest bedrooms and totally remodeled 1.5 baths located on the first floor. Master bedroom with a huge loft located on the 2nd floor. Step out to the balcony and enjoy the spectacular views of this magnificent sanctuary. The well and well house was replaced in 2025. A 5 ton A/C unit recently installed in 2023. The drain field was also replace in 2023. Newer roof in 2017. The property is fully fence with 4 paddocks and 6 stalls plenty of space for your horses and or cattle. It has 2 two metal buildings measuring 30x40 and 20x25 that can be used for many application like a barn, feed room, warehousing etc. It also has a 30x40 carport for all your toys. It also posses a 40' ft. container for storage. Property has many enclosures for goats, pigs, chicken and rabbits. It also has a dog house enclosure with a/c for the dog breeders. Property has a 8 camera security monitoring system. Some home furnishing can stay with an acceptable offer. The lot can be divided. 3 acres up front and 7 acres towards the back. Property is located just minutes to Grand Oaks Equestrian Center and a short driver to the World Equestrian Center for the horse enthusiasts. Enjoy all the amenities offered by The Villages. Lake Weir, Eaton Beach is nearby for water activities. Call for more information.
Source: STELLAR #OM711247
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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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