736 Commanche St Fort Walton Beach, FL 32547
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About this home
Experience unparalleled quality and detail in this stunning home in the Commanche subdivision of Fort Walton Beach. Built in 2019, this meticulously maintained residence still feels like new and stands out as one of the best-built homes in its price range, offering exceptional value and craftsmanship. Designed with modern living in mind, the large, light-filled open concept plan features high ceilings, recessed LED lighting, and wood-look vinyl plank flooring throughout. The gourmet kitchen is a chef's dream, boasting deep, full-extension industrial strength soft-close drawers, designer fixtures, stainless steel appliances and a large walk-in pantry. The master bedroom offers a serene retreat with an incredible ensuite bathroom with a double vanity, enclosed toilet, garden tub, walk-in shower and a spacious walk-in closet. Additional highlights include a safe room/laundry room and a comprehensive fire suppression system for added peace of mind. Enjoy the Florida lifestyle with covered front and back porches, perfect for relaxing or entertaining. This home is conveniently located minutes from Fort Walton Beach Medical Center, Lowe's, Walmart, and just a short drive to the beautiful gulf beaches. Its proximity to Eglin AFB and Hurlburt Field AFB makes it an ideal choice for military families. With no HOA dues and a focus on quality and modern design, this home is a rare find. Embrace the opportunity to live in a beautifully crafted home that offers comfort, convenience,and style in one of Fort Walton Beach's most desirable communities.
Source: EMERALDCOAST #988704
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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.