5417 Keel Dr Pensacola, FL 32507
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About this home
LOCATION! LOCATION! LOCATION! This beautiful brick home is tucked away in the back very desirable Estates at Emerald Shores subdivision. You’ll enjoy all that this home has to offer that includes built-ins at foyer/entry hallway, high ceilings, engineered hardwood flooring in most of the main areas, tile flooring in kitchen, breakfast/dining nook, laundry, baths and sunroom, a spacious living room with gas fireplace, and large windows allowing plenty of natural light into your cozy gathering space. The kitchen offers granite countertops, wood cabinets, stainless appliances, tiled backsplash, island, pantry and a breakfast/dining area and laundry just off the kitchen. There’s also a dedicated dining area (i.e., “formal dining”) to accommodate larger gatherings around the table. There are 4 bedrooms and 2.5 baths; main bath has a double-vanity, stylish wood cabinets & large wood-framed vanity mirror, updated vanity lighting, garden tub, separate walk-in shower, private water closet and oversized main closet. The backyard is privacy-fenced with plenty of space for those weekend gatherings for cookouts, and to maybe install a pool. The oversized 2-car garage is equipped with garage door opener & pulldown stairs to the attic. There’s a sprinkler system on irrigation well, and a whole-home generator to offer convenience and comfort. So many wonderful features in this home, PLUS being in close proximity to the back-gate of NAS Pensacola, Naval Aviation Museum, Blue Angels practices, shopping, restaurants, downtown Pensacola, golfing, boating facilities, Big Lagoon State Park, Gulf Islands National Seashore on the sugar-white beaches and emerald green waters of Perdido Key, this is a great place to call HOME! Call TODAY to schedule a showing!
Source: PENSACOLA #669986
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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.