2513 Blackburn Cir Cape Coral, FL 33991
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About this home
DON’T MISS OUT ON THIS RARE OPPORTUNITY – EVERYTHING IS "BRAND NEW" - COMPLETE $255,000 RENOVATION AND UPGRADES TO THE MOST MODERN STANDARDS NO OTHER HOME OFFERS!! Customized to the highest quality standards. Brand new hurricane-rated windows and doors, also new hurricane windows in kitchen, completely BRAND NEW bathrooms, new metal roof, new electrical wiring, all new updated water pipes, a BRAND NEW A/C system, new tile flooring throughout (including garage), new driveway pavers, fresh exterior paint, new screened pool enclosure with tile deck, professional landscaping, and a completely redesigned kitchen with Samsung Bespoke appliances. Two fully renovated luxury master suites feature floor-to-ceiling tiling, new showers, a soaking tub, and modern vanities with backlit mirrors. MASSIVE COMPLETE INTERIOR AND EXTERIOR RENOVATION - $225K IN UPGRADES - WELCOME TO A BRAND NEW HOUSE IN CAPE CORAL’S MOST SOUGHT-AFTER GATED FAMILY-FRIENDLY SUBDIVISION! This spectacular pool home in the prestigious Sandoval community is essentially a brand-new build, offering ultimate luxury on an oversized corner lot of nearly 0.4 acres. Every square inch has been completely gutted and rebuilt from the ground up with over $225,000 in premium upgrades. Additional highlights include designer light fixtures, custom walk-in closets, a hurricane-rated front door, a Ring security system, custom exterior lighting, and dedicated barbecue areas within your oversized private yard. THE SANDOVAL LIFESTYLE: Beyond your private oasis, you’ll enjoy the prestige of one of Cape Coral’s finest gated communities – spanning over 500 acres of lush tropical landscaping, sparkling lakes, and miles of walking and biking trails. Resort-style amenities include a lagoon pool, fitness center, fishing pier, dog parks, bocce ball, volleyball, basketball, and tennis courts, plus year-round community events. All of this just minutes from Cape Coral’s best shopping, dining, and beaches. This is an extraordinary opportunity to own what is essentially a new construction home in an elite resort community – at an UNBEATABLE PRICE.
Source: FORTMYERS #225067094
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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.