15228 Ligustrum Ln Alva, FL 33920
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About this home
WELCOME TO SERENE LIVING AT THE PEACEFUL 55+ ACTIVE ADULT GATED COMMUNITY OF CASCADES AT RIVERHALL! Embrace this super clean and well-maintained 1,519 sqft villa that has been updated by the sole owners since purchased in 2017! This meticulous, move-in ready home has 2 bedrooms, 2 bathrooms, and a den that can be used as an extra bedroom! The open floor plan is wonderful for entertaining your guests while cooking a delicious meal in the spacious kitchen. Enjoy your morning cup of coffee in your private screened in lanai, while overlooking the view of the tranquil preserve. Enjoy all of the upgrades in this fabulous, freshly painted home, such as interior sensored lights, screened in front porch, new bathroom faucets, pull-down attic stairs, and new washer and dryer. You will be impressed with the amenities that Cascades at Riverhall community has to offer including a heated, resort-style pool, clubhouse, fitness center, tennis courts, pickelball courts, bocce ball, activity rooms, and so much more! The community is also pet-friendly! Enjoy access to play golf at River Hall Country Club, and pay as you play! Conveniently located in Alva, right outside of Ft. Myers, and close to dining, shopping, and 175. Schedule your showing today!
Source: FORTMYERS #2025013173
Loan details
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45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
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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.