3449 Meadow Beauty Way Clermont, FL 34714
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About this home
Step into luxury and into your future 55+ active community in THE PALMS at SERENOA, that perfectly blends convenience with RESORT-STYLE LIVING. This is your opportunity to own a waterfront home on an oversized fenced premium lot in the beautiful Serenoa community. Experience sunsets that steal your breath away from the comfort of your own backyard screened patio, every evening becomes a masterpiece. Whether you’re sipping your favorite drink, sharing quiet moments with loved ones, or simply taking a deep breath after a long day, these sunsets remind you to slow down and savor the beauty that surrounds you. Features of this beautiful home include thoughtfully designed two-bedroom, two-bathroom plus den which is perfect for an office or a hobby room. The open floor plan is ideal for relaxing, entertaining and with views from almost every room. Upon entering, you're welcomed into spacious and tall ceiling foyer and hobby room to your left, continuing into the kitchen, dining and living area. Natural light abounds through the large, tinted glass sliding doors that span the entire rear wall. The large kitchen is a cook’s dream equipped with solid counter tops, three pendant lights and stainless-steel appliances, the large center island and its surrounding space make meal prep a pleasure. This home takes modern living to the next level with its integrated with smart home technology integration adding energy efficiencies and wireless capabilities. The master suite features dual "his and hers" walk-in closets, laminate flooring and extraordinary views of the lake and water features. The en-suite bathroom is well equipped with dual sinks and an easy walk-in shower. Expect to be impressed by the amenities of THE PALMS community. The first-class clubhouse is surrounded by beautiful landscapes, lots of activities and a resort-style pool. Location is a plus as you will be minutes from WALT DISNEY WORLD, extensive shopping, hospitals, a variety of eating establishments and the soon to be opened 429 connector. The HOA fee includes cable, internet and exterior maintenance. The home also has an assumable loan with 4.75 interest rate, Ask me how it works. Schedule an easy showing today!
Source: STELLAR #G5093689
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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.