2100 NE 54th St Ocala, FL 34479
Your savings
About this home
Short Sale. What are you waiting for….3-Bed, 2-Bath Home with Great Potential in Established Neighborhood This 3-bedroom, 2-bathroom home with a 2-car carport complete with a fenced yard. .The home is nestled on a..40 acre corner lot in a well-established, desirable neighborhood. The home features a split bedroom plan, with an open living concept. The cozy living room with fireplace is the perfect place to relax or read a favorite book. A large kitchen with an inside laundry provides shelving and plenty of storage. Enjoy the enclosed screened porch, as you entertain friends and family or sit with your favorite beverage at the end of a busy day. This home offers the perfect spot to relax and enjoy Florida living. The fenced yard has two large gates to accommodate trailers or lawn equipment While this home does need some TLC, it presents a fantastic opportunity for anyone looking to create their dream home. Just add some updating and your personal touches, as you transform it into a home you will enjoy for years to come. Close to shopping, medical facilities shine, golfing, kayaking, pickleball and the beach is only an hour and a half away. Visit the World Equestrian Center just a short drive away. Don’t miss out on the chance to own a home with great bones and endless potential. Priced to sell—schedule your showing today!
Source: STELLAR #OM704854
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.