1702 Flourish Ave Kissimmee, FL 34744
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About this home
Welcome to Tohoqua – Where Comfort Meets Convenience! This beautifully maintained 4-bedroom, 3-bathroom single-family home sits on a desirable corner lot in the sought-after Tohoqua community, perfectly located at the Kissimmee–St. Cloud border. Enjoy easy access to Florida’s Turnpike and U.S. Highway 192, placing you just minutes from Lake Nona, shopping, dining, and entertainment options. Step inside to discover an open-concept, split-bedroom floor plan designed for both comfort and functionality. The spacious living areas feature elegant tile flooring, while the bedrooms has cozy carpeting. Soaring tall ceilings enhance the sense of space and natural light throughout. The modern kitchen boasts stone countertops, large cabinets, and plenty of workspace—perfect for cooking and entertaining. Enjoy outdoor living year-round with a covered and screened rear porch, a welcoming front porch, and a fully fenced backyard with mature landscaping and several fruit trees. The vinyl fence adds both privacy and low maintenance. With its thoughtful layout, corner-lot appeal, and prime location in one of Central Florida’s most desirable neighborhoods, this home is a rare find. Schedule your private showing today and experience the Tohoqua living!
Source: STELLAR #TB8441346
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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.