16440 Centipede St Clermont, FL 34714
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About this home
PRICE DROP! Welcome to this remarkable property at Sawgrass Bay that showcases awe-inspiring Florida living. This stunning 3 bedroom, 2.5 bathroom home is located not only just minutes away from Lake Louisa and the Clermont chain of lakes but also a short drive to the theme parks. This delightful home has a new roof (2022) and charming curb appeal. As you enter the front door, you'll be greeted by an all tile first floor. This open first floor plan contains an ultra spacious living area, connecting dining room, guest half bathroom, and modern kitchen, making this area perfect for entertaining friends and family. The kitchen is equipped with a large pantry, modern stainless steel appliances, ample counter space with granite tops, and an eat-in breakfast bar island. The sliding glass doors lead out to the back covered lanai, which provides more entertainment space or is also perfect for just relaxing in the shade. The enormous backyard also boasts a new fence. Heading upstairs, you will find a large second family/bonus room. This is a convenient hub, adjacent to all 3 bedrooms. This can also be converted into a fourth bedroom per builder plans. The owners suite is a true retreat, positioned in the entire back portion of the home. This spacious area also boasts a private en-suite bathroom and includes dual sinks, a walk-in shower, and a massive walk-in closet. The two additional bedrooms are both sizeable, providing adequate space for family members and guests. The full guest bath is also generously sized and is located conveniently just off the secondary family/bonus room. The laundry room is also located upstairs near the bedrooms for convenience. HOA amenities include a community pool, playgrounds, a sand volleyball court and beautiful scenic walking trails. This area has something for everyone. For the outdoor enthusiasts, it's a short trip to Lake Louisa State Park, where you can enjoy hiking, picnicking, and canoeing. Close to the up and coming Wellness Way that will offer additional shopping, restaurants and one of the most innovative thoroughfares (SR-516) in the world, connecting HWY 27 with 429. For those that want to be close to the magic, Disney World is just a short drive away. Whether you're looking to explore the thrill of the theme parks, beautiful greens, or head to downtown Clermont, but want to come home to a peaceful, beautiful retreat at the end of the day, this home is perfectly located. The community is known for its friendly atmosphere and welcoming neighbors, making it an ideal place to call home.
Source: STELLAR #O6315971
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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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