1482 Azteca Loop The Villages, FL 32162
Your savings
About this home
Welcome to this charming 2/2 Marathon Courtyard Villa in the desirable Villas Escondido, perfectly situated near everything The Villages has to offer! You’re just minutes from the Savannah Center, Glenview Country Club, Nancy Lopez Golf Course, and both Spanish Springs and Lake Sumter Landing town squares. Medical offices and The Villages Hospital are also close by for added convenience. Inside, you’ll immediately notice the spacious feel thanks to a thoughtful stretch that added a 12x15 office/den — perfect for working from home, hobbies, or an extra sitting area. The home features beautiful new luxury vinyl plank flooring throughout, with tile in the bathrooms. The primary suite has also been expanded and now boasts two walk-in closets and a gorgeous custom shower. (Primary bedroom furniture does not convey.) The guest bedroom comes complete with a queen bed, dresser, and end tables, and is conveniently located near the second bath with a tub/shower combo. This home comes mostly furnished, including a 75” TV, sofa, recliner, dining set, and more — just bring your personal touches. The kitchen features a gas range and plenty of counter space, and the laundry is tucked into the oversized 1.5-car garage. Enjoy mornings or evenings on the screened lanai overlooking your private, walled courtyard — perfect for pets or gardening. Major updates include: Roof (2015), HVAC (2015), and Hot Water Heater (2022). Best of all, the BOND IS PAID! Maint $208.89, Fire $320.71, Taxes $1563.64.
Source: STELLAR #G5096623
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.