2440 Bracknell Forest Trl Tavares, FL 32778
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About this home
Welcome to 2440 Bracknell Forest Trail — a lovingly maintained 3-bedroom, 2-bath traditional home offering 1,629 square feet of comfortable living in a desirable Lake County location. Nestled on a 0.14-acre lot with a fully fenced backyard, this home offers privacy, functionality, and proximity to some of Central Florida’s most charming communities. Step inside to find an open-concept floor plan designed for both everyday living and entertaining. The spacious living room flows seamlessly into the dining area and kitchen, featuring warm wood cabinetry, modern appliances, and expansive counter space — perfect for preparing meals and gathering with loved ones. The newer flooring adds a clean, modern touch to the heart of the home. All three bedrooms are well-sized, including a private primary suite with a full bath. Enjoy peace of mind with a recently updated A/C system (just 1 year old) and a layout that maximizes comfort and convenience. Step outside to your covered patio and fenced backyard — ideal for outdoor grilling, letting pets roam freely, or creating a garden oasis. Location is everything, and this property delivers. You're just minutes from Downtown Tavares, known as America’s Seaplane City, where waterfront dining, boating, and aviation charm abound. Just a short drive away, Downtown Mount Dora offers year-round festivals, boutique shopping, and exceptional restaurants. Whether you're a first-time buyer, downsizing, or relocating to enjoy the Florida lifestyle, this home checks all the boxes. Don’t miss this move-in-ready gem — schedule your private showing today!
Source: STELLAR #G5102744
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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.