1810 Pine Oak Trl Sanford, FL 32773
Your savings
About this home
Short Sale. Welcome home to your Beautiful Townhouse that has 2 Bedrooms, 2 full bathrooms, and a 1 car garage attached is ready and waiting for you! This property is a corner unit nestled in the back of the gated community of Magnolia Club in Sanford. The home features lots of natural light especially in the living room, dinette and kitchen area where you can enjoy your morning coffee as you sit outside on your balcony. Your kitchen attaches to the living room and dinette and features a breakfast bar, walk in pantry, Quartz countertops, 42" cabinets, stainless steel refrigerator, stove, microwave and dishwasher. The large master bathroom has an en suite bathroom with walk in closet, double sinks, a separate toilet stall, a shower and tub combo with a large round tub so you can take a luxurious bath after a hard day at work. The second bedroom has a ceiling fan, closet and wood grain laminate flooring. The home has a separate laundry room with shelves and comes with a washer and dryer. The home has newer ceiling fans, lighting, bathroom and kitchen fixtures and new hardware on the doors throughout. Walk downstairs to your one car garage. Your hoa dues covers exterior repairs including roof, lawn maintenance, cable/internet. Enjoy your community pool and playground. Buyer to verify room sizes, direction of the house, square footage and school district.
Source: STELLAR #O6351336
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.