1826 Meadow Pond Way Orlando, FL 32824
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About this home
Welcome home to this 4-bedroom, 2.5-bathroom residence in the desirable community of Meadow Creek. Offering 2,129 square feet of comfortable living space, this home combines modern updates with an unbeatable location. This home offers incredible peace of mind with major systems updated. Enjoy a newer roof (2018), a new AC (2022), a new water heater (2022), and an upgraded water conditioning system (2022). Just move in and relax! The heart of the home is the stunningly updated kitchen, designed for both cooking and entertaining. It features sleek gray cabinets, beautiful stone countertops, a full suite of stainless steel appliances, and a large center island bar with seating for four. This inviting space opens to the family room, with views of the private, fully-fenced backyard. Backing up to a conservation area, the yard is a serene outdoor escape. A perfect place for pets, barbecues, a play set, or a relaxing garden oasis. All four bedrooms are located upstairs, offering privacy from the main living areas. The oversized primary suite is a true retreat, featuring carpet for comfort and a spacious en-suite bathroom complete with his-and-hers vanities, a large separate soaking tub, and a walk-in shower. The three additional bedrooms are generously sized and feature durable wood laminate flooring. Two of these bedrooms share a convenient Jack and Jill bathroom, while the fourth bedroom is perfect for guests or a home office. This home also includes a 2-car garage, providing plenty of room for vehicles and storage. As a resident, you'll enjoy fantastic community amenities, including a sparkling community pool and playground, all for a remarkably low HOA of $50 per month (paid quarterly). The location is an absolute dream! You are less than 15 minutes from Orlando International Airport (MCO) and just 20 minutes from the magic of Disney World. Commuting is a breeze with quick access to major highways, including SR 417 (Central Florida GreeneWay) and the Florida Turnpike. You are also just minutes from a wealth of shopping and dining at The Loop in Kissimmee, Publix Sabor, banks, restaurants, Landstar Marketplace, Hunter's Creek, and so much more. Enjoy outdoor recreation at the nearby Bear Creek Recreation Complex. For world-class healthcare, Nemours Children's Hospital and Orlando Health are just a short drive away. The area is known for outstanding educational opportunities, including the A-rated Wyndham Lakes Elementary, Orlando Science Charter School (K-12), and NeoCity Academy. This incredible home has it all. Don't miss your chance. Come see it today and make this your new home!
Source: STELLAR #G5104146
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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.