3850 Sablewood Dr Holiday, FL 34691
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About this home
NEW PRICE - MOTIVATED SELLER. Great Location, Not in a Flood Zone, and no issues from the 2 hurricanes. Spacious 2 bedroom, 2 bath, concrete block home boasts nearly 1400 sq ft. Two flexible spaces have possibilities, convert to a 3rd bedroom, hobby room, or a home office. This home has "great bones" and features an open floor plan with a family room with double pane windows, a sunroom with access to the fenced backyard where there is a covered patio with an insulated pan roof for shade from the sun and grilling! Kitchen has new marble floor tile and has space for a moveable island, if desired. In addition, Solar Panels 2023, Roof 2010, fenced back yard, and an oversized one car garage which contains the washer hook up, the 2nd full bathroom with a shower, and a convenient side service door. The extra wide driveway offers additional parking and will accomodate two cars side by side. Tour this home in person to see the possibilities to modify or update to your liking. Seller will pay off Solar Panels at closing with an acceptable contract. Nearby to shopping, medical services, nature parks, Anclote Coastal Trail, fishing & boating. Make your appointment to tour today! Seller will not consider sight unseen offers.
Source: STELLAR #TB8377690
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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.