205 S Wilderness Pt Casselberry, FL 32707
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About this home
Welcome to the quiet community of Deer Run and your own lakeside living retreat! This spacious 2-bedroom, 2-bath waterfront townhouse features 1,166 square feet of freshly painted interiors, soaring ceilings, and abundant natural light, and of course gorgeous views out over the water. The main living area features a dramatic vaulted ceiling with exposed beam accents and a wall of sliding glass doors that frame beautiful views of the water. Step outside to your private patio and enjoy peaceful mornings or relaxing evenings by the lake. The kitchen has a modern edge with sleek dark cabinetry, solid countertops, and a convenient pass-through bar that opens to the dining and living spaces—perfect for entertaining. A downstairs bedroom provides flexibility for guests or a home office, while the upstairs primary suite offers wood-look flooring, a huge walk-in closet, and direct access to an ensuite bath. Additional highlights include an inside laundry area, additional storage room off of the rear patio, and low-maintenance tile flooring throughout the main living spaces. The community is tucked away in a serene setting, yet just minutes from shopping, dining, major roadways, and all that Casselberry and the surrounding area have to offer, all located within the A-rated Lake Howell HS District. Whether you’re looking for a full-time residence or a low-maintenance retreat with water views, this townhouse delivers a rare combination of tranquility and convenience. Sellers have this priced to move, so call today for your private showing.
Source: STELLAR #O6340714
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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.
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