706 N Rennes Ct Kissimmee, FL 34759
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About this home
SELLER FINANCE AVAILABLE As you enter, you are greeted by high ceilings and an open layout that allows the living, dining, and kitchen areas to flow together seamlessly. The front of the home features a formal living room that can serve as a sitting area or flexible space, while the dining area connects easily to the kitchen, making it convenient for everyday meals and entertaining. Toward the back of the home, a spacious family room overlooks the backyard and provides direct access to the patio, giving you the perfect place to relax or host gatherings. The split-bedroom floor plan ensures privacy for the primary suite, which includes a walk-in closet and a private bathroom. Two additional bedrooms and a second full bathroom are located on the opposite side of the home, offering plenty of room for family, guests, or a home office. Ceiling fans throughout add comfort, while natural light brightens the interior. Recent updates provide peace of mind, including a newer roof, air conditioning system, water heater, washer, dryer, and microwave, all replaced within the last four years. The home is built with durable block and stucco construction and includes a two-car garage for parking and storage. The exterior of the property features a spacious lot of over 0.30 acres, with ample yard space for gardening, outdoor activities, or future enhancements. A patio area provides a great spot for enjoying Florida’s sunshine. Conveniently situated near shopping, dining, schools, and major Central Florida attractions, this home combines everyday comfort with a peaceful residential setting. 706 N Rennes Court offers the perfect blend of functionality, updates, and value. Whether you are looking for a primary residence or an investment property, this home is move-in ready and waiting for its next owner.
Source: STELLAR #NS1085911
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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.