5729 Bible Camp Rd Groveland, FL 34736
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About this home
One or more photo(s) has been virtually staged. MOTIVATED SELLERS OFFERING TO HELP BUYERS WITH CLOSING COST OR BUYING DOWN THE RATE!!! Nestled on a sprawling 5+ acres, of which seller believes roughly 2acres are high and dry. This charming 4-bedroom, 2-bath home offers the perfect blend of peaceful country living and modern convenience. This custom-built home features 6" formed and poured concrete exterior walls, offering superior durability, energy efficiency, and peace of mind. Bring your airboat, RV and toys, and start your dream homestead. Inside, you'll love the warm, inviting layout with a spacious living area, split-bedroom floor plan, and a light-filled kitchen featuring stainless steel appliances and ample cabinet space. The primary suite includes a walk-in closet and private bath, while two additional bedrooms allow flexibility for family, guests, or a home office that could also be used as a 4 bedroom/den or formal dining. Step outside onto the huge back porch, perfect for morning coffee and sunrises. Whether you're gardening, entertaining, or just enjoying the quiet, this property is made for relaxing and reconnecting with nature. No HOA Conveniently located a short drive to downtown Groveland or Clermont, you’ll enjoy the best of both worlds—privacy and convenience Car lovers, hobbyists, and RV owners—this one’s for you. Home comes with a 1,200 sq ft , DETACHED 4 CAR GARAGE/WORKSHOP WITH TWO 8-FT DOOR HAS POWER AND WATER offering ample room for vehicles, tools, or a workshop. There’s also a 60x15 metal RV carport—plenty of space to store your boat, camper, or farm equipment. And for nature lovers, you’ll be thrilled to know the property backs up to the scenic Palatlakaha River system. Originating at Lake Louisa, just south of Groveland, this waterway winds through a chain of sparkling lakes—Susan, Minnehaha, Palatlakaha, Hiawatha, Minneola, Cherry, Lucy, and Emma—before flowing through a beautiful swampy area and into Lake Harris. It’s a slice of real Florida paradise right in your backyard. If you’ve been looking for a private retreat with modern comfort and room to grow—this is it. ROOF 2023 A/C 2021 Schedule your private tour today!
Source: STELLAR #G5098358
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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.