618 Parakeet Ct Kissimmee, FL 34759
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About this home
One or more photo(s) has been virtually staged. !!!MOTIVATED SELLER!!! **NEW CARPET** Welcome to 618 Parakeet Ct, 3-bedroom, 2-bath home in the heart of Poinciana, this property offers the perfect blend of comfort, and Florida-style outdoor living. Step inside to a spacious floor plan featuring a generous primary suite with sliding glass doors that open directly to the screened-in pool area. The primary bedroom also includes his and her closets and a private en-suite bath. The home has been updated with a NEW ELECTRICAL PANEL for both the house and the pool, ROOF REPLACED 2023. Additional features include a WATER SOFTENER SYSTEM, A SPRINKLER SYSTEM, AND A SCREENED GARAGE DOOR WITH A MINI SPLIT A/C - perfect for a workshop, home gym, or extra climate-controlled storage. Refrigerator in the garage conveys with the home. Step outside to your private backyard retreat, complete with a sparkling SCREENED IN POOL and VINYL PRIVACY FENCE that surrounds the entire yard—ideal for relaxing, entertaining, or simply enjoying the Florida sunshine. Home conveniently located just minutes from the new Poinciana Plaza, you'll enjoy easy access to shopping, retail stores, dining options, and a fitness center—all just around the corner. This home is also close to schools, parks, and medical facilities, making it the perfect fit for those seeking comfort, and convenience, Don’t miss your opportunity to own this pool home in one of Poinciana’s most desirable areas.
Source: STELLAR #O6327165
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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.