166 Dominica Ct Miramar Beach, FL 32550
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About this home
Tucked away on a quiet cul-de-sac in Baywalk Landing in Miramar Beach, this home is the perfect blend of comfort, convenience, and coastal living. Step inside to discover two spacious living areas and high, loft-style ceilings that make a grand first impression with custom light fixtures! The first floor maintains an open concept with the kitchen featuring an island, bar seating, granite countertops and stainless steel appliances and tile throughout. It is open to the casual dining area, living space, and oversized outdoor deck. The first floor also includes a half bathroom, laundry, and additional storage. Upstairs are 2 bedrooms and a bathroom plus the primary suite with en-suite inclusive of dual vanities, a walk-in tile shower, and a deep soaking tub. Outside, the large backyard deck is made for family barbecues, morning coffee, and Florida sunsets. In close proximity to Choctawhatchee Bay, take a stroll towards Legion Park which offers a public boat launch, playground, picnic pavilion, basketball court, and easy access for kayaks and paddle boards. Or, take a golf cart over to Scenic 98 where you can put your feet in the white, sandy beaches of the Emerald Coast! Whether you're looking for a family home or a coastal getaway, 166 Dominica Court is a chance to own not just a house, but the Miramar Beach lifestyle.
Source: EMERALDCOAST #986809
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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.