25322 Columbia Cir Lake Wales, FL 33898
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About this home
One or more photo(s) has been virtually staged. Welcome to this LIKE NEW single family home in Countryside at River Ranch! This unique home has a Modern flair and offers everything NEW from top to bottom!! Featuring 2 bedrooms, 2 baths and a 1 car garage, this home also offers NEW flooring, NEW roof, NEW kitchen, NEW bathrooms, NEW paint, NEW AC, NEW water heater and NEW appliances! Enter the home through a really cool covered foyer, perfect for enjoying morning coffee! There is a washer/dryer inside, a spacious enclosed patio, perfect for extended living and a very large outdoor patio with water views! The living room/dining combo area is spacious and light and bright with windows throughout. The kitchen offers plenty of storage, stone counters and a breakfast bar. The dining area leads to the enclosed porch. Master bath is en-suite with a glass enclosed shower. Hall bath has a glass enclosed shower. Both bedrooms are at the end of the hallway. Garage entry is off of the kitchen. This home sits on a corner lot and in a cul-de-sac! Enjoy the highly sought after neighborhood right outside of the gate of Westgate River Ranch Resort & Rodeo! This is the perfect primary home, vacation home, seasonal home or investment property! Rent out short term and collect rental income when not using because there is always a demand for rental homes in this area! Located in the Country with direct access to Westgate River Ranch Resort and Rodeo, you can ride a golf cart from your door to the resort! NO HOA or Deed Restrictions! Flood Zone A according to the map. Bring all of your toys because this community has everything you could possibly want to enjoy! Love Boating and Fishing? Launch your watercraft at the Marina and enjoy Lake Kissimmee. Enjoy SXS Trail Riding? Bring your ATV and join River Ranch Hunt Club for year round riding. NO HOA FEES! Looking for Fun? It is all here! Westgate River Ranch Resort and Rodeo with MANY fun things to do for everyone! For starters, there is a LIVE Rodeo every Saturday night – an excellent display of showmanship and fun for the entire family! There is even a Saloon (family friendly), with LIVE bands, DJs, dance parties and they give line dancing lessons for free. There is an adventure park which has a bounce house, mechanical bull, climbing tower, Arcade, mini golf, outside movie on the greens, bicycle rentals, airboat rides, river boat rides, swamp buggy, hayrides, petting farm, trap & skeet range and a bow target for shooting. There is also a brand new Waterpark! There are several places to eat on property. The River Ranch Chop House serves delicious food and drinks, a waterfront Smokehouse Grill serves delicious BBQ, a pizza shop and an ice cream and coffee shop (serving Starbucks.) There is also a General store and a Western store to grab all of your favorite Cowboy/Cowgirl finds! Watch the Bison, Steers, Horses and other wildlife! Don’t forget to check out the Petting Farm!!
Source: STELLAR #TB8366997
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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.