792 Lehigh Rd Venice, FL 34293
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About this home
Be sure to be one of the first to see this great deal in the highly desirable South Venice area. Don't miss your chance to own this Beautiful 3 bedroom 2 bath with an additional under air FLEX SPACE (Perfect for a home office, man cave or craft room alike) home situated on a 100' WIDE CORNER LOT. Walking through the double door entrance, you can't help but notice the custom trim work found throughout the main living areas such as crown molding, chair railing, wainscoting and even the windows and doors are completely cased out. Check out those gorgeous luxury plank floors flowing to a well appointed kitchen with a huge pantry and ample amounts of counter and cabinet space. This home features a split floor plan with 2 sizeable guest bedrooms to the left and a large primary bedroom off to the right. The primary ensuite complete with a large walk in closet, showcases a newly renovated shower with subway tile and an updated vanity. Through the sliding glass doors you will find a great sized lanai that has an additional set of sliders allowing you the option and utility of year round usage. Off the lanai is where the additional flex room is located. Things to know before you go: New Roof 2023, A/C 2017, Brand New Never Used Water System, and Brand New Exterior Paint (Accessible Beige). This home is priced to sell, so don't let your South Venice Area Dream Home become someone else's address. Setup your showing today!
Source: STELLAR #D6139527
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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.