2526 NW 11th St Cape Coral, FL 33993
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About this home
MOTIVATED SELLERS!!! Built in 2023, this stunning Cali model by D.R. Horton offers an exceptional living experience, providing 1,828 square feet of thoughtfully designed under-air space. With four spacious bedrooms, two well-appointed bathrooms, this home caters to all your needs. The full-size, two-car garage adds convenience and ample storage. Step inside to discover a beautiful open-concept layout, where the great room flows seamlessly into a defined dining area. The living space is bathed in natural light, creating a bright and inviting atmosphere with a rear facing southern exposure. The kitchen makes preparing your meals a breeze featuring sleek quartz countertops, white shaker style cabinets, and contemporary stainless-steel appliances, including a side by side fridge and slide-in range, add both style and functionality. Throughout the home, you'll find 18" ceramic tile flooring with plush carpeting in the bedrooms with popular coastal blues tones that elevate the overall aesthetic. The primary suite is a true retreat, offering a spacious en suite bath with a double sink vanity, a huge walk-in shower, and generous walk-in closets. Three other spacious bedrooms ensure comfort and warmth for your family and guests. Step outside to the screened brick-paver lanai, which leads into a large FENCED in back yard that provides privacy and tranquility making it the perfect space for relaxation and entertainment with plenty of room for your future custom pool. The 8x20 Storage shed is a BONUS feature of this home providing ample storage for your overflow garage items. Homeowner had added many personalized updates to this home and better than any new build. No need to worry about FLOOD INSURANCE as the owner has obtained a Letter or Map Revision (LOMR). Don’t miss the opportunity to tour this exceptional home by scheduling your showing today!
Source: FORTMYERS #225039878
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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.