168 Waterside Ln Freeport, FL 32439
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About this home
Own a boat-friendly waterfront Airbnb only 12 miles to the beach! Immaculate waterfront retreat and boater's paradise with Bay and Gulf access, and no HOA! Enjoy 130' of waterfrontage on a premium lot with a private dock, boat lift, fish cleaning station, and plenty of boat, trailer, and RV parking. Set on a spacious .72-acres, perfect for adding a pool and garden. Ideal for boating, fishing, paddleboarding, or relaxing in the gorgeous family room with 180 degree water views. Your guests wil love the covered waterfront patio complete with a bar. Inside the home, a light-filled flex room/formal dining area welcomes you. The kitchen and bathrooms feature granite countertops. Stainless Steel Appliances anchor the airy kitchen. Rainbird irrigation and a generator hookup add convenience and peace of mind. Super fast Fiber Optic internet is available. Enjoy abundant storage with an attached garage and expansive walk-in pantry. The property was professionally appraised and valued at $884,900 - offered to you now below market value for instant equity and wealth building. Situated just moments from multiple boat ramps and marinas, and a wonderfully short drive to the renowned beaches of 30A with their powdery white sand and sparkling turquoise waters. This Freeport residence offers tranquil waterfront living with convenient access to Santa Rosa Beach and Destin. Invest wisely - invest in waterfront property, a limited resource. Would you like to live where others vacation? Schedule your private tour today.
Source: EMERALDCOAST #984417
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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.