37 Maple Ave Shalimar, FL 32579
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About this home
BOAT LOVER'S PARADISE | BEACH ACCESS | FULLY UPDATED FARMHOUSE IN POQUITO BAYOU!Welcome to coastal elegance reimagined--this beautifully renovated single-level ranch-style retreat offers the best of Florida living, perfectly positioned in the coveted Poquito Bayou community with exclusive access to a private neighborhood beach, boat launch, swimming cove, and shaded picnic grounds.Step inside to discover a breathtaking gourmet kitchen, complete with gleaming granite countertops, a custom designer tile backsplash, high-end stainless steel appliances, and a statement vent hood over the range--all flowing seamlessly into a cozy second living space featuring a painted brick fireplace and sliding glass doors that open to your private backyard sanctuary.Read more.... Dream-worthy backyard: Expansive and lush, with room for a pool, a covered patio perfect for alfresco dining, a firepit for moonlit gatherings, and even a swing set for endless fun. Features you'll love: Over $20,000 in new, energy-efficient windows Luxury Vinyl Plank (LVP) flooring throughout all bedrooms and living areas! No carpet! Sleek, modern tilework in kitchen, baths, and halls Oversized driveway with space for a boat or RV Large indoor laundry room with ample storage Copper wiring and major systems updated: -New roof & water heater (2017) -New HVAC (2019) -Complete New attic insulation (2019) Low utility bills! And the cherry on top? Your neighborhood offers direct access to Poquito Bayou is THE ideal for fishing, kayaking, swimming, and weekend picnics beneath the oaks. This one has it all: style, space, and salt air. Poquito Bayou | Minutes to Eglin AFB, top-rated schools, playgrounds/parks and the emerald waters of the Gulf This is more than a home- it's a lifestyle. Schedule your private tour today.
Source: EMERALDCOAST #981537
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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.