84 2nd Ave Shalimar, FL 32579
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About this home
COMFORTABLE FLORIDA LIFESTYLE & EVERYDAY CONVENIENCE, top it off with an ASSUMABLE 2.25% VA LOAN and NO-HOA! PLUS 2025 HVAC, 2024 ROOF & TANKLESS GAS WATER HEATER. Positioned in close proximity to Hurlburt Field and Eglin AFB, it blends functionality and outdoor enjoyment in a way that perfectly suits busy lifestyles. From the decorative glass entry, you're greeted by an inviting open floor plan that connects the dining, kitchen, and living areas. The dining room's trey ceiling and oversized window flood the space with natural light, while the kitchen delivers plenty of room to gather, with granite counters, a gas range, breakfast bar, and recessed lighting. The spacious living room easily becomes the heart of the home--whether for movie nights or hosting guests. The primary suite serves as a relaxing retreat with double vanities, a soaking tub/shower combo, andand generous storage. Three additional bedrooms plus two more baths provide flexible options for guests, hobbies, or a home office. Step outside, and you'll find plenty of space to enjoy the Florida lifestyle. A screened-in patio opens to a large fenced backyardideal for pets, play, and backyard barbecues. An outdoor kitchen and fire pit create year-round opportunities for entertaining. The widened driveway with full RV hookup makes it easy to park your boat, camper, or extra vehicle, ensuring there's room for all of life's adventures. With thoughtful upgrades and a prime location offering convenient access to schools, parks, and military bases, this home is more than just a place to liveit's a place to thrive.
Source: EMERALDCOAST #985426
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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.