5482 Globe Ter North Port, FL 34286
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About this home
Discover this beautifully renovated 3-bedroom, 2-bathroom home, complete with a versatile extra room and a spacious 2-car garage, nestled on a desirable corner lot in a quiet North Port neighborhood. Step inside to find a bright and open floor plan, featuring stylish finishes and modern upgrades throughout. The home has been recently painted inside, creating a fresh and inviting atmosphere from the moment you walk in. The renovated bathrooms bring a touch of luxury, while the extra room provides the perfect space for entertaining, a home office, or a playroom. The heart of the home—the kitchen—boasts stainless steel appliances, ample cabinet space, and a functional layout ideal for everyday cooking and family gatherings. Enjoy Florida living at its best with a spacious backyard on a corner lot—perfect for outdoor activities, barbecues, gardening, or simply relaxing in the sunshine. Recent Upgrades: The roof was replaced in 2023, the interior was freshly painted, and the home features modern stainless steel appliances—offering both style and peace of mind. Prime Location: Ideally situated just 11 minutes from I-75, and only 6 minutes from grocery stores, restaurants, shopping centers, and top-rated schools. Whether you're commuting or running errands, everything you need is within easy reach. Live the North Port Lifestyle: Known for its natural springs, outdoor recreation, and friendly community, North Port offers the perfect blend of tranquility and convenience—making it one of the fastest-growing and most desirable areas in Southwest Florida. Close to the Coast: You're just a short drive from beautiful Gulf Coast beaches, including Venice Beach, Manasota Key, and Englewood Beach—perfect for weekend getaways, sunset strolls, or soaking up the Florida sunshine year-round. Added Peace of Mind: This home is not located in a flood zone, providing extra security and potentially lower insurance costs. Don’t miss the opportunity to make this move-in-ready home yours—schedule your private showing today!
Source: FORTMYERS #225056157
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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.