184 Magnolia Dr Freeport, FL 32439
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About this home
Welcome Home! This ALL custom built tough home offers upgrades Galore! Situated on a half-acre, nestled in the desirable LaGrange Shores subdivision with no HOA'S! Walk up to your grand entrance through an 8' Craftsman front door into a 10' tall foyer with white shiplap walls, to your left is a formal dining room with wainscoting and tray ceiling. Enter the open living area with double tray ceiling, a brick gas fireplace and French doors which lead to the fully fenced back yard. The kitchen is an absolute stunner with Fantasy Brown Leathered Textured Granite counter tops, 4'' x 12'' subway backsplash and undermount cabinet lighting. Legacy Dovetail, Soft Close white matte shaker style cabinets and Custom Range Hood. The rich brown 10' x 4' island has a large deep composite sink and three huge, gorgeous glass pendants. Appliances are black stainless Whirlpool made in America, comprising of a five-burner gas stove with pot filler and a super quite dishwasher. Custom 6" plank wire-brushed Hickory hardwood floors throughout and porcelain 12" x 24" and 18" x 18" tile in wet areas and hallway from garage - No Carpet in this house! The Master Bedroom also has a white shiplap feature wall and exterior door to backyard. Huge master bathroom with double head shower and massive soaking tub, both with tile to ceiling, quartz countertops, two large walk-in closets also with custom white wood shelving. The laundry room has a utility sink and built-in laundry hampers and is also conveniently located next to the master bathroom, which makes life just a little easier. Three additional bedrooms with custom wood shelving and secondary bathroom with two sinks and quartz countertops. A convenient powder room for guests off of the mud room which leads to the 24'6" x 24' garage with resin floor and walk-in closet. Your full size truck will fit in garage! This house also has tankless water heater, hook-up for RV and generator, solid five panel interior doors, custom cordless roman shades, and custom trim throughout the home. Fenced in back and side yard with room for your boat or RV and a large shed with power and lighting. Schedule you walk through today!
Source: EMERALDCOAST #988384
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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.