5242 Abdella Ln North Port, FL 34291
Your savings
About this home
Don't miss out on this incredible value! This beautiful home offers a fantastic opportunity for a quick and smooth closing. We have partnered with our preferred lender, Phoenix Loan Solutions to offer a 1% credit towards the buyer's closing costs. This can significantly reduce your out-of-pocket expenses at closing. With a move-in ready status and this incredible incentive, the sellers are ready to consider all reasonable offers. Contact us today to schedule a showing and learn more about this exclusive offer!" Updates Galore!!! This spacious 3-bedroom, 2-bathroom pool home is meticulously maintained, super clean, and bathed in natural light. Recently refreshed with new exterior paint, its curb appeal is undeniable. Step inside through double front doors to an open living/dining area, seamlessly flowing into the kitchen and family room. The beautiful kitchen boasts stainless steel appliances and a high bar, perfect for entertaining. The master suite is a true retreat with two walk-in closets and direct access to the sparkling pool area. Its luxurious en-suite features a walk-in shower, jetted tub, and double sinks. Enjoy the best of indoor-outdoor living with a spacious, covered, screened-in porch and a private pool, complete with a pool safety fence. The backyard offers enhanced privacy and charm with new vinyl fencing. Practical upgrades abound, including a new roof (July 2023), new hot water heater, whole-house water purifier, and an updated electrical panel. The septic tank was also drained in May 2024. For ultimate peace of mind, this home features permanent whole-house hurricane shutters, security window film on all glass, and a hard wired plug for the 17,500-watt whole house Generac generator. Plus, you'll love the convenience of retractable screen doors for both the garage and side entry, allowing for a refreshing breeze! Inside, find elegant ceramic tile floors in living areas and warm hardwood in the bedrooms. The dedicated laundry room includes a newer washer and dryer. This home offers ultimate freedom with no HOA, no deed restrictions, and no flood zone designation. Situated in a quiet, secluded North Port neighborhood, you're minutes from shopping, schools, restaurants, and highways, with the Gulf beaches just a short 20-30 minute drive away. North Port, in Sarasota County, provides abundant parks, recreational facilities, and freshwater canals. This exceptional home truly offers unparalleled value – a must-see! ***VIRTUAL TOUR CLICK HERE*** https://iplayerhd.com/player/video/fcd48af5-1d4b-4263-8297-12c25d1144b7/share
Source: STELLAR #A4657897
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.