5507 Laver St Leesburg, FL 34748
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About this home
Fall in love with this beautiful 2 bedroom, 2 bathroom, 2 car garage home with COVERED LANAI PLUS OVERSIZED BIRDCAGE in the 55+ community of Highland Lakes! This adorable home is great for relaxed living and perfect for snowbirds! *AC 2015*, *BIRDCAGE 2021*, *NEW EATON BREAKER PANEL W/ NEW BREAKER BOX 2022*, *WATER HEATER 2024*. As you walk through the front door, you have beautiful laminate floors and Vaulted Ceilings throughout the Living Room & Dining Room. The kitchen is nice and bright with light cabinets, white appliances and custom accent walls. The Master Bedroom has high ceilings, beautiful Laminate floors, large walk-in closet and En-Suite bathroom with dual sink vanity and shower. This home is a split floorplan with the guest room conveniently located on the opposite side with their own appointed bathroom. The garage is large with epoxy flooring and attic opening with ladder so you can store all your holiday decorations. This home also features a Covered Lanai PLUS Oversized Birdcage (12’ x 33’) so you can entertain family & guests, and enjoy the Florida weather! Highland Lakes is a Luxury 55+ Community that offers endless amenities including a BEAUTIFUL GOLF DRIVING RANGE, RV/boat storage, indoor and outdoor pools, beautiful Clubhouse with fitness center, craft room, library, catering kitchen, game rooms & meeting rooms, billiard room with pool tables and ping pong, ballroom with stage for tons of outside entertainment & shows, and so much more! Outdoor fun includes walking trails, ponds for catch and release fishing, lighted tennis courts, softball field, shuffleboard, pickleball, golf driving range, Wood-Working Shop, and covered pavilions with grills to enjoy your Florida sunshine picnics! Call today to see this AMAZING home & schedule your private tour!
Source: STELLAR #G5098355
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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.