5122 Balmor Ter North Port, FL 34288
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About this home
**TAKE A STROLL THROUGH YOUR NEW HOME WITH THE 3D INTERACTIVE VIRTUAL TOUR** Welcome to your dream Florida oasis! This beautifully maintained 4-bedroom, 2-bath, 2-car garage POOL HOME with a 2022 ROOF perfectly blends comfort, style, and functionality. Available as PARTIALLY FURNISHED, if desired. As you pull into the driveway, you’ll be greeted by lush tropical landscaping — palm trees, pebble rock, solar lights, and vibrant flowers that frame the walkway to your new front door. A charming front porch invites you to sit back with your morning coffee and soak up the Florida sunshine. Step inside and fall in love with the spacious open layout, featuring vaulted ceilings in the Great Room and a split-bedroom floor plan that offers privacy and plenty of room for everyone. To the left, a formal dining room drenched in natural light makes the perfect spot for family dinners or holiday gatherings. On the right, a bonus room provides endless possibilities — use it as a family room, office, craft space, or game room! The gourmet kitchen truly is the heart of the home, complete with ceramic tile flooring, abundant cabinets and counters, plant shelves, breakfast bar, and a pantry. All appliances are included, so it’s move-in ready! The cozy dinette nook overlooks your sparkling pool through triple windows — an ideal place to start or end your day. Your owner’s suite is a true retreat, featuring double walk-in closets and space for a king-size bed. The en-suite bathroom offers a shower/tub combo, linen closet, and private water closet — the perfect place to relax and unwind. The split floor plan ensures privacy, with three additional bedrooms and a well-appointed guest bath located on the opposite side of the home. (Bedroom #4 does not include a closet.) Each room is bright and comfortable with ceiling fans and generous closet storage. Step through the backdoor, with a built-in dog door, to your personal outdoor paradise! The screened lanai and heated pool set the stage for year-round enjoyment — from lounging in the sun and grilling dinner, to evening swims or relaxing by a firepit on cool nights. The vinyl-fenced backyard offers privacy and plenty of room for kids or pets to play safely. Additional features include a laundry room with a second refrigerator and extra storage, plus a garage with epoxy floors and wall cabinets. Located close to everything — shopping at Coco Plum Village, great schools, golf, North Port aquatic park, restaurants and churches — and just a short drive to Boca Grande, Englewood Beach, and Charlotte Harbor for world-class fishing! Baseball fans will love the proximity to Charlotte Sports Park (Tampa Bay Rays Spring Training) and Wellen Park (Atlanta Braves Spring Training), shopping, dining, and weekend farmers markets. Quick access to US-41 and I-75 makes commuting a breeze! Don’t wait — this home has it all. Schedule your showing today and start living the Florida lifestyle you’ve always dreamed of!
Source: STELLAR #C7517192
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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.