5678 Tiger Woods Dr Milton, FL 32570
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About this home
This Home is Priced To Sell! Come Check Out This Beautiful Brick Home as an Opportunity to Grow Some Equity by Taking This Blank Slate and Creating a Cherished Family Home. Although in Good Condition, the Seller Has Priced the Home "AS IS" for a Fast Sale. Home Has An Awesome Floor Plan for a Large Family OR People Who Just Want Space. Features a Sprawling Floor Plan With: Open Living/Kitchen; a Formal Dining: High Bar; Breakfast Area; Plus, A Bonus Florida Room. The Florida Room Can Serve as a Home Office, Separate Living Area, Or Children's Play Room if Needed. At the Center of the Home is a Large Great Room with a Wood Burning Fireplace, Natural Light, and High Ceilings. The Master Suite is a Nice Size and Split from the Additional Bedrooms. The Kitchen High Bar Adds Seating for Entertaining Family and Friends; Electric Appliances; Stained Wood Cabinets, Smooth Surface Countertops; and Tile Floors. Exterior Offers: Double Car Garage; Low Maintenance Brick & Vinyl Siding; Mature Landscaping; Shed; and Large Privacy Fenced Backyard. This Magnificent and Spacious Home is Located in Tanglewood Oaks Golf Course Community in Milton. Great Location for the Avid Golfer in the Family or Outdoor Enthusiasts. Only Minutes From NAS - Whiting Field, Canoeing, and Biking/Jogging Trails.
Source: PENSACOLA #662865
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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.