16531 Innerarity Point Rd Pensacola, FL 32507
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About this home
DISCOVER UPARALLED PRIVACY AND COMFORT IN THIS STUNNING HOME COMPLETE WITH POOL & NESTLED WITHIN THE GATED COMMUNITY OF INNERARITY ISLAND! CONVENIENT TO BEACHES, NAS PENSACOLA, AND SHOPPING! Step inside this beautifully maintained home where most major features (HVAC, roof) are just a few years old as well as a WHOLE HOME GENERATOR, offering a blend of modern comfort and classic charm. The open living spaces boast durable vinyl flooring and elegant tile, while the kitchen shines with an abundance of wood cabinetry, updated stainless steel appliances, and a convenient double wall oven perfect for the home chef. The heart of the home features a cozy fireplace leading to a large sliding glass door, which allows for beautiful backyard views and seamless indoor/outdoor living. From here, a sprawling, screened-in living space WITH HOT TUB overlooks the sparkling inground pool. Enjoy ultimate privacy in the spacious, fenced-in backyard with no rear neighbors, and rinse off after a swim in the convenient outdoor shower. This spacious home offers four bedrooms, including a magnificent primary suite that's a true sanctuary featuring a large sitting area or home office with its own entrance to the outdoor screened-in space. The en-suite bathroom offers a spa-like experience with a beautifully tiled walk-in shower and a double vanity. This is more than a home; it’s a lifestyle! Schedule your private showing today!
Source: PENSACOLA #670456
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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.