5740 Blackhorse Cir Pensacola, FL 32526
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About this home
Welcome home to this exquisite Craftsman-style residence offering an abundance of Southern charm and thoughtful design. Step through the decorative full-view glass front door into a bright and airy open-concept living space, where 9-foot ceilings and large windows create an inviting atmosphere. The main floor common areas have been upgraded with neutral luxury vinyl plank flooring and detailed wainscoting, setting a tone of casual elegance. The spacious kitchen is undoubtedly the heart of the home, featuring handsome, wood-toned Shaker cabinetry, a full suite of stainless steel appliances, and a functional center island that is perfect for meal preparation and entertaining. For guests, a chic powder room is conveniently placed just off the central kitchen and dining area. A large, dedicated laundry room simplifies daily chores and offers extra utility space. The main level also hosts the serene primary suite. Expansive and light-filled, there's room to accommodate a king-sized bedroom suite. The walk-in closet is any fashion enthusiast's dream come true. The primary bath offers an equally impressive amount of space, sporting a double vanity, separate shower, soaking tub, water closets, and linen storage. Upstairs, you'll find two oversized guest bedrooms, each offering ample storage space and plenty of room for comfort. They share a large, well-appointed bathroom complete with a double vanity and a tub/shower combo. The front guest room has a unique bonus: private access to the second-floor balcony, an ideal spot for morning coffee. Outside, the large, fully fenced, irrigated backyard offers endless possibilities for recreation and relaxation. A two-car garage provides ample parking and storage. This home is a perfect blend of exceptional design and modern functionality. Contact your preferred real estate professional to schedule a private tour.
Source: PENSACOLA #668678
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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.