1722 Wood Violet Dr Orlando, FL 32824
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About this home
Welcome to Forest Ridge, one of the most desirable communities in the popular Meadow Woods area of Orlando. Could this be your FUTURE HOME?? Not only is it an excellent community, and ideally situated, this updated single story home has been thoughtfully renovated with a tasteful layout designed to make you feel right at home. With 3 bedrooms and 2 full baths, this open floor-plan layout floods with natural light and flows effortlessly from living and dining to a spacious kitchen. Unwind in your private screened in- ground pool, accessible directly from the owner's suite- perfect for Florida living. For comfort and convenience, window blinds allow you to adjust the light ensure privacy and crate the perfect atmosphere. The home has a spacious family room and a beautifully appointed kitchen with brand new, top of the line appliances, decorative quartz countertops, and abundant cabinetry for both function and style. Adding to the home’s convenience is an indoor laundry room, equipped with a brand-new washer and dryer, offering modern efficiency and peace of mind for everyday living. The living and dining areas share an open, beautifully designed space accented with elegant architectural details. This thoughtful layout allows you to stay connected with your family in the open living and dining area, while still enjoying a degree of privacy thanks to the separate family room. The primary suite is a retreat of its own, tucked away for privacy and designed with relaxation in mind. The spa inspired bathroom features a walk-in-shower, a luxurious footed soaking tub, and an elegant stone counter. A large walk-in closet provides ample storage and convenience. Best of all, sliding doors from the owner's suite provide direct entry to the screened pool, blending indoor comfort with outdoor leisure. Discover your own private oasis when you step outside. The sparkling pool is enhanced by brand-new high capacity pumping equipment, ensuring excellent circulation and crystal-clear water. A fully fenced backyard provides relaxing privacy and a safe space for play, gardening, or entertaining under the Florida sun or beneath the evening stars. Practical updates add even more peace of mind: a new roof (2023) for storm protection, COMPLETELY PAID OFF energy-efficient and environmentally friendly solar panels to help reduce monthly electric costs, a paver driveway that enhances curb appeal, and new ceiling fans throughout for year-round comfort.
Source: STELLAR #S5135141
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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.