3235 Bayou Dr Pensacola, FL 32505
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About this home
Charming 3-Bedroom Oasis with Modern Upgrades and Room to Breathe!** Discover this beautifully refreshed 3-bedroom, 2-bathroom home, blending modern style with everyday comfort. set on a generous half-acre lot, this property features, yard building and gardening house, lots of space and mature shade trees, creating a tranquil outdoor retreat where you can unwind and enjoy the serene surroundings. Step inside to find an inviting open-concept layout adorned with luxury vinyl plank flooring that flows seamlessly from room to room. The heart of the home, a stunning kitchen, boasts sleek granite countertops and high-end stainless steel appliances, making meal preparation a pleasure. This space effortlessly transitions to a spacious family room, ideal for entertaining friends or enjoying quality time with loved ones. Both bathrooms have been fully remodeled, showcasing elegant walk-in tile showers for a spa-like experience that will elevate your daily routine. Key upgrades, including a roof replaced in 2019, a brand-new HVAC system, and a new water heater, ensure peace of mind for years to come. Convenience is at your fingertips with a stackable washer and dryer set included, along with a two-car garage providing ample storage and parking solutions. This home is truly move-in ready, allowing you to settle in and start making memories right away! Please note that this charming property may require flood insurance, ensuring you’re well-prepared for the natural beauty surrounding your new home. Don’t miss out on the chance to experience this delightful blend of comfort and style—schedule your tour today and see for yourself why this home is perfect for you!
Source: PENSACOLA #662209
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Close stress-free in 45 days, handled start to finish by Roam.
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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.