3196 Connecticut Ave Naples, FL 34112
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About this home
NO-HOA Extremally well maintained one of a kind, 3 bedroom, 2 bath home in like new condition. Located in the Rising Davis Blvd. Triangle District. An upcoming neighborhood that is being rebuilt. This Turnkey Contemporary single-family home is an AIRBNB/VERBO Dream. The kitchen is the ultimate chef’s desire, with sleek cabinets and beautiful countertops. TEN FOOT CEILINGS THROUGHOUT THE HOME. Easy to maintain 1745 Sq Ft. The home is large enough to entertain but easy to manage. Enormous, fenced in back yard for gatherings with 10-foot-wide double gates on each side of the home for easy access! Privacy Fencing fully surrounds the backyard and has Six-foot-tall posts that are filled with concrete & rebars for extra strength! The backyard is an extremely Hugh open area oasis, that includes a new spa/hot tub. Conveniently located to everything. 2 MILES TO THE WORLD-FAMOUS NAPLES BEACH! Close to 5TH AVENUE SHOPPING, Dinning, Entertainment, Tin City, Downtown Naples, the Botanical Gardens, Parks and all the best schools Naples has to offer! The home is above flood level standards and has gone through all past Hurricane’s UNTOUCHED! Ceramic Tile floors throughout! Everything is on one level! Home Automation! Detached Hurricane rated Custom built workshop has also gone through all past Hurricane’s untouched! Full lawn irrigation. 8 parking spaces above flood level
Source: FORTMYERS #225060467
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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.