5120 Chandelle Dr Pensacola, FL 32507
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About this home
LOCATION, CURB APPEAL & SO MUCH HOME, situated at the back of the very desirable Chandelle subdivision, is just some of what makes this gorgeous property something that offers all you’ve ever dreamed of in a home! This meticulously maintained & upscale home offers a spacious split floor plan with 4BRs/3BAs, 3361sf that includes popcorn-texture removed from ceilings in all areas except closets, crown molding in living & dining, beautiful wood-look luxury vinyl plank flooring throughout all main areas with tile in the baths, a fabulous kitchen that boasts Quartz countertops, custom white cabinetry, tiled backsplash, island, gas cooktop, double wall oven, stainless appliances, breakfast bar counter, eat-in kitchen area, built-in wet bar in living, gas fireplace, custom built-in shelving, separate dining area, designer light fixtures & ceiling fans, oversized laundry room, pool, covered porch (plumbed for gas if you want to install an outdoor kitchen), pristine landscaped yard, privacy-fenced backyard, side-entry oversized 3-car garage & very large circular drive that easily accommodates multiple vehicles. All bedrooms are very spacious & each has a walk-in closet, a jack-and-jill bathroom with double vanities for 2 of the guest bedrooms, a pool bath, Mother-in-Law Suite, expansive master suite with a nook area that can be used as an office, spacious master bath with double vanities, garden tub, walk-in shower, water closet and 2 closets. Memories are waiting to be made while entertaining family and friends during holidays, pool parties and BBQs. This incredible home is conveniently located within close proximity to the back gate of NAS Pensacola, state & national parks, the sugar white beaches on Perdido Key, boating & marina facilities, golfing, restaurants, entertainment venues and downtown Pensacola. As beautiful as it is in pictures, it’s EVEN MORE IMPRESSIVE IN PERSON. Call TODAY to schedule an appointment for a tour!
Source: PENSACOLA #673493
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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.