510 Peter Pan Blvd Davenport, FL 33837
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About this home
SELLER MOTIVATED! Needs to sell FAST! This this stunning custom-built 2014 home in a sought after and desirable gated community in Davenport, Florida called Crows Nest Estates. Tucked away on an oversized premium cul-de-sac lot, this 3-bedroom, 2-bath retreat was designed for both comfort and connection. Step inside and you’re greeted by vaulted ceilings, abundant natural light, and a flowing split floor plan that makes everyday living feel open and inviting. The spacious kitchen, with its large island, recessed lighting, and stainless steel appliances, is the heart of the home. Perfect for casual family meals or hosting friends. While the family room opens effortlessly to a screened lanai and sun deck, where you can unwind and enjoy Florida evenings overlooking your private backyard. The primary suite is a true retreat, featuring a walk-in closet and a dual-sink bathroom, while the additional bedrooms offer flexibility for family, guests, or a home office. Practical features like tile in wet areas, ceiling fans throughout, indoor laundry, and a 2-car garage with built-in storage make daily life simple and organized. Energy efficiency is already taken care of with 100% paid-off solar panels, keeping your electric bills around $100 or less per month. Leaving more room in your budget for the lifestyle you want. Qualified borrowers can receive up to $35,000 in down payment and closing cost assistance making this move-in-ready home more affordable than you ever imagined. Living here means more than just a beautiful home. It’s about community and convenience. Crows Nest Estates offers a secure gated entrance, playground, sidewalks, and a quiet, well-kept neighborhood with no CDD and low taxes. And when it’s time to explore, you’re in the heart of the thriving Four Corners area, just minutes from Clermont, Orlando, Winter Haven, and with easy access to Tampa and even Miami via Highway 27. Whether it’s shopping, dining, theme parks, or weekend getaways, everything you need is close at hand. This move-in-ready home is more than a place to live. It’s where your Florida lifestyle begins. Schedule your private showing today and see why Crow’s Nest Estates is the perfect place to call home. Do you need down payment assistance? No problem! Request a tour today and ask for more information!
Source: STELLAR #O6340339
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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.