3617 Inverness St North Port, FL 34288
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About this home
Welcome to this beautifully updated 4-bedroom, 2-bath home nestled on nearly 1 acre with 2,211 square feet of living space, this property perfectly blends comfort, modern style, and functionality — offering everything you’ve been looking for in your Florida dream home! Step inside and immediately feel the openness of the vaulted ceilings and the warmth of the brand-new luxury vinyl plank flooring that flows seamlessly throughout the home. The spacious living area is filled with natural light, creating a bright and inviting atmosphere that’s ideal for both relaxing and entertaining. The recently renovated kitchen is a true masterpiece, featuring sleek granite countertops, stainless steel appliances, modern cabinetry, and plenty of counter space for the home chef. The primary suite offers a peaceful retreat with an updated ensuite bathroom, while the additional 3 bedrooms provide plenty of room for family, guests, or a home office. Fresh interior and exterior paint, along with all-new lighting throughout, add to the home’s crisp, modern appeal. Step outside to your screened lanai and enjoy the tranquil view of the expansive, fully fenced backyard. This expansive outdoor space is perfect for gatherings, gardening, or simply relaxing under the Florida sun. The property is enhanced by mature citrus and fruit trees, providing beauty and a touch of country charm. For those who love projects or need extra space, there’s also a workshop and an RV hookup — ideal for hobbies, travel, or additional storage. This home has been thoughtfully upgraded for both comfort and efficiency, including a new metal roof, hurricane impact windows, solar panels with battery backup, a solar water heater, and a brand-new A/C system. Every detail has been considered to ensure peace of mind and long-term savings. Located in a peaceful area of North Port, yet close to shopping, dining, parks, and a short drive to Gulf Coast beaches, this home offers the best of Florida living — space, privacy, and modern amenities.
Source: STELLAR #C7516189
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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.