827 Bacon Ave Sarasota, FL 34232
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About this home
Welcome to this modern 2-bedroom, 2-bathroom home, thoughtfully built in 2020. Located in the heart of Sarasota, this property offers the perfect blend of comfort, convenience, and style. As you step inside, you’ll be greeted by an open-concept design with tall ceilings, creating a light and spacious atmosphere that flows seamlessly throughout the home. The kitchen is the true heart of the home, boasting sleek quartz countertops with waterfall edges, stainless steel appliances, and generous counter space that makes both everyday cooking and entertaining effortless. The adjoining living area offers an easy flow, perfect for family gatherings or cozy evenings at home. The split floor plan ensures privacy, placing the primary suite on one side of the home as a true retreat. This suite features a large walk-in closet and a spa-like en-suite bathroom with dual sinks, quartz countertops, and a beautifully custom-tiled shower. On the opposite side, the second bedroom includes a built-in closet and enjoys its own adjacent updated bathroom, also adorned with quartz countertops and a custom tile shower. The living space extends outdoors into a spacious fenced backyard, offering endless opportunities for gardening, play, or simply enjoying Florida’s sunshine. Whether you envision weekend barbecues, a play space for family and pets, or even the addition of a future pool, this outdoor area offers endless possibilities for relaxation and recreation. The one-car garage has been smartly customized with a built-in laundry space, complete with washer and dryer, making household routines both stylish and efficient. Don’t miss this opportunity to own a modern Sarasota home that combines fresh design, functional living, and an unbeatable location. Schedule your showing today and come experience all it has to offer!
Source: STELLAR #A4666329
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Close stress-free in 45 days, handled start to finish by Roam.
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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.