2119 Pellam Blvd Port Charlotte, FL 33948
Your savings
About this home
Your Ideal Port Charlotte Home Awaits! This charming and well maintained Port Charlotte home offers the perfect blend of comfort, convenience, and peace of mind. Situated in a highly walkable area, you'll appreciate the impact windows & X flood zone designation, providing an added layer of security. Step inside and discover a spacious, open floor plan designed for modern living. This home boasts two generous split bedroom suites, each featuring its own private bathroom and walk-in closet – ideal for privacy and comfort. The inviting Florida Room provides versatile extra living space, overlooking a serene, shady backyard and a relaxing patio. Enjoy the ultimate convenience with safe sidewalks leading you to shopping, the post office, and a variety of restaurants. You'll also have easy access to the vocational school, high school, and the Port Charlotte Town Mall & Theater. This home has been thoughtfully updated with numerous improvements, including a newer roof, electrical panel, updated septic system, and hot water heater. The interior has been beautifully painted, and the home is serviced with public water. Entertain with ease! Sliding glass doors from both the dining room and primary bedroom seamlessly connect the indoor living space to the Florida Room, creating an expanded area perfect for gatherings. A convenient pass-through window from the kitchen to the Florida Room makes serving a breeze. The home comes partially furnished and includes a fully equipped kitchen and a washer and dryer. Plus, the neighborhood is buzzing with excitement as Florida Power & Light is actively installing underground power lines for enhanced reliability. Embrace the Southwest Florida Lifestyle where year-round enjoyment is a way of life! The Charlotte County area offers an abundance of activities, including parks (many of which are dog-friendly), recreation centers, sports parks, public boat and kayak launch areas, fishing, and golfing. Enjoy the farmers’ markets, annual air show, fishing tournaments, boat shows, professional baseball spring training and numerous cultural and educational opportunities. You're just an easy drive away from the stunning Gulf beaches of Boca Grande, Englewood, Venice, Sarasota, and even Sanibel Island. Discover your piece of paradise at 2119 Pellam Blvd, Port Charlotte, FL 33948.
Source: STELLAR #C7510112
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.