614 Merioneth Dr NE Fort Walton Beach, FL 32547
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About this home
Charming home in Kenwood subdivision!Welcome to this delightful property in the Kenwood subdivision, located right in the heart of Fort Walton Beach, FL. This home is perfectly positioned for convenient access to a vibrant array of shopping and dining options, as well as top-rated schools, Eglin Air Force Base, and Hurlburt Field. Whether you're part of the military community or a first-time homebuyer, you'll find that this neighborhood offers something for everyone. New Roof to be installed. This home embodies modern comfort with its brand-new kitchen featuring sleek quartz countertops, a custom backsplash, and a vented stainless steel hood. Love cooking or entertaining? This kitchen is ready to handle it all without the hassle that a kitchen makeover might usually entail. Notably, you won't find any carpet throughout the home a smart and practical choice for easy cleaning and maintenance. The home boasts a series of thoughtful updates that add value and peace of mind. The HVAC system was updated in 2019, ensuring a keep-cool and stay-warm home year-round. The hot water heater, updated in 2014, joins a list of foundational updates including copper wiring with a new panel and breakers. This is a home that combines aesthetic appeal with sound structural upgrades. Step outside to a private oasis in your own backyard. Enjoy the luxury of an inground pool with a new liner as of November 2024, surrounded by a privacy fence. Complete with an outdoor shower, this space is designed for leisure and relaxation, perfect for beating the heat during Floridian summers or hosting family gatherings. The property's location is another key feature that can't be overlooked. Schools are mere walking distance away, providing an easy commute for families. For recreation, The Fort Walton Beach Golf Course is just a short drive outside the neighborhood, offering a convenient escape for golf enthusiasts. Nearby, The Landing provides a hub of activity just about ten minutes away, supplying residents with a variety of leisure options, from scenic views to community events. Medical centers, an abundance of restaurants, and other key amenities further round out this superb location. Living in Kenwood offers not just a place to live, but a welcoming community with a rich diversity of activities and amenities. Ideal for families both growing or downsizing, this home is ready to meet your needs. Whether you're looking to enjoy proximity to work with smooth access to Eglin AFB and Hurlburt Field or you're seeking that idyllic balance of convenience and tranquility, this property has it all.
Source: EMERALDCOAST #985947
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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.