65 Island Grove Dr Freeport, FL 32439
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About this home
NO HOA FEES!!! AND VA Assumable 2.75% Loan!! !Welcome to your dream retreat .This stunning 3-bedroom, 3-bathroom home offers the perfect blend of natural beauty, luxurious living, and everyday practicality. Step inside and be greeted by large windows that flood the home with natural light and offer breathtaking views of the surrounding trees and bayou. The spacious, open floor plan is designed for both relaxation and entertaining, featuring HUGE bedrooms, each with custom-designed closets and premium storage systems. At the heart of the home is a Tuscany-inspired gourmet kitchen, complete with granite countertops, high-end finishes. The kitchen flows seamlessly into the dining and living areas, creating a warm and inviting atmosphere. Walton County ranks #1 by FPI in education across FL. The primary suite is a true sanctuary, showcasing wall to wall beautiful white cabinets for ample storage, and direct access to a covered porch, perfect for enjoying quiet mornings or evening breezes. Outside, enjoy the peaceful surroundings with LaGrange Bayou as your backyard. Despite the private, nature-rich setting, you're just minutes from the world-famous beaches of the Emerald Coast, dining, shopping, and more. Schedule your tour today!
Source: EMERALDCOAST #982114
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.