5000 17th Ave SW Naples, FL 34116
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About this home
Welcome to your private oasis in the heart of Naples! This charming single-family home greets you with an illustrious water display fountain at the front, adding elegance and tranquility to the property’s entrance. Inside, the home boasts a recently renovated kitchen, combining modern convenience with timeless appeal. Outside, a 2018 new roof stands ready to protect and provide peace of mind for years to come. The backyard is a true retreat, featuring ample space, a beautiful mango tree, and a private pool—perfect for relaxation or entertaining. Don’t miss this rare opportunity to own a slice of paradise in one of Naples’ most sought-after locations! Bienvenido a su oasis privado en el corazón de Naples! Esta encantadora casa unifamiliar le da la bienvenida con una ilustre fuente de agua en la entrada, añadiendo elegancia y tranquilidad al acceso de la propiedad. En el interior, la casa cuenta con una cocina recientemente renovada que combina comodidad moderna con un encanto atemporal. En el exterior, un techo nuevo de 2018 está listo para proteger y brindar tranquilidad durante muchos años. El patio trasero es un verdadero refugio, con un amplio espacio, un hermoso árbol de mango y una piscina privada, ideal para relajarse o entretener a sus invitados. ¡No pierda esta rara oportunidad de poseer un pedazo de paraíso en una de las ubicaciones más codiciadas de Naples!
Source: FORTMYERS #225005067
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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.