8448 Dimare Dr Orlando, FL 32822
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About this home
Welcome to 8448 Dimare Dr – a private oasis at the very end of a quiet dead-end street in East Orlando. This move-in-ready 4-bedroom, 3-bathroom home offers 1,633 sq ft of well-designed living space on an oversized 7,885 sq ft lot (approx. 0.18 acres), with no HOA restrictions and no neighbors behind or to the right. The home backs up to peaceful conservation land, providing tranquil nature views and exceptional privacy. Inside, the layout is bright and open with lots of natural light, creating a warm and welcoming atmosphere. The highlight of the home is the versatile 4th bedroom, which includes its own private entrance and en-suite bathroom – making it ideal for multigenerational living, guest quarters, or potential rental income. The open kitchen offers plenty of cabinetry and counter space, flowing into the main living and dining areas. Step outside to enjoy a large, fully fenced backyard that backs directly to a lush conservation area. With no rear or right-side neighbors, you’ll enjoy the kind of peace and seclusion that’s rare to find in such a central location. There's ample room for outdoor living, gardening, or future additions. With easy access to major roadways, Orlando International Airport, schools, shopping, and dining, this property combines everyday convenience with natural serenity. Whether you're a growing household, downsizing, or investing, this home delivers unique features, space, and privacy – all without the burden of HOA fees. Don’t miss this incredible opportunity. Schedule your private tour today!
Source: STELLAR #O6349572
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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.