856 Jade Forest Ave Orlando, FL 32828
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About this home
This stunning four bedroom, two and a half bathroom POOL home is a showcase of thoughtful updates and timeless elegance. Enjoy peace of mind with upgrades including a new roof installed in 2022, a recently replaced hot water tank, and new first floor flooring. The curb appeal is undeniable, with tropical palm trees framing a home that welcomes you inside, with an open and airy floor plan bathed in tons of natural light. Step through the double door entry with an oversized window in the foyer, and be captivated by the formal living and dining spaces adorned with crown molding and a tray ceiling. These spaces flow into the family room and a remodeled kitchen, which boasts new stainless steel appliances, chic shaker cabinets, stylish subway tile backsplash, and a delightful coffee bar with shelving. Enjoy casual meals in the breakfast nook, illuminated by a rustic chandelier with serene pool views. The family room is an invitation to relaxation with its sliding glass doors that open to the pool, complete with convenient access to the pool’s half bath. The upstairs loft space is versatile, perfect for a home office, play area, or lounge space. Retreat to the giant primary suite featuring dual walk in closets, double vanities with ample counter space, a glass door shower, and a bathtub. The three additional guest bedrooms and an updated guest bath with a subway tile shower and sliding door vanity promise comfort for family and guests alike. Outside, a new awning addition to the paver patio creates the perfect spot for barbecues, overlooking the pool and spacious fenced in backyard. Enjoy access to Waterford's myriad of amenities including sports courts, playgrounds, a community pool, fitness equipment, beach volleyball, a running track, dog parks, and more! Experience the convenience of nearby shopping and dining at the Waterford Lakes Town Center, quick access to 408, and proximity to highly rated schools and the University of Central Florida. Immerse yourself in this home with the 3D virtual tour, and schedule a showing today. Your future of Florida living awaits!
Source: STELLAR #O6352874
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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.