206 Charles St Winter Springs, FL 32708
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About this home
Owner has invested over $30,000 in UPGRADES in the last year on this super cute home! VIEW WALKTROUGH VIDEO! Charming Bungalow that lives quite large. Discover your dream home nestled in the heart of Winter Springs, on one floor, perfect for all family types. All new neutral FRESH INTERIOR PAINT! Split plan. Great eat in kitchen and floorplan that overlooks the backyard! This enchanting single-family residence boasts four cozy bedrooms, offering a flexible split layout with the fourth bedroom conveniently situated off the kitchen. This versatile space is ideal for a bedroom, home office, game room, or den, adapting effortlessly to your changing needs. Enjoy the freedom of NO HOA RESTICTIONS, coupled with the benefit of residing within the catchment area of top-rated Seminole County schools. Bring your toys! The home's cute curb appeal invites you into a world of comfort and ease, with a brand new ROOF and a state-of-the-art A/C system installed to ensure year-round climate control. New DUCTWORK is even being installed. The eat-in kitchen serves as the heart of the home, with a layout designed to overlook the expansive backyard, featuring a 100x60 fenced space that's perfect for playtime, gardening, or hosting memorable outdoor gatherings with your family and friends. Parking is a breeze with a single-car garage complemented by laundry facilities, and additional space to accommodate another vehicle in the driveway. Located in a 'close to everything' location, you'll appreciate the easy access to SR 417, shopping, dining, and parks, ensuring that convenience is at your doorstep. Whether you're starting your homeownership journey, scaling down, or seeking a tranquil retreat, this delightful residence is a place you'll be proud to call home.
Source: STELLAR #O6322937
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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.