8687 Woodbriar Dr Sarasota, FL 34238
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About this home
Best Quality, Best View, Best Location in Sarasota for The Money!! BEAUTIFUL -500 yard WATER VIEWS Under Appraised Value! Discover this stunning Arthur Rutenberg lakefront custom-built home nestled in the prestigious gated community of Deer Creek located in Palmer Ranch. From the moment you enter through the elegant double front doors, will be captivated by the soaring ceilings, walls of glass, and gorgeous marble floors and walls -throughout the home that invite natural light to dance throughout the home. The open-concept kitchen is a showpiece, featuring White Patagonia quartz countertops from Brazil, custom cabinetry, and top-of-the-line appliances including a warmer, double oven, separate ice maker, and French door refrigerator. A striking partial glass ceiling and wall over the kitchen adds a one-of-a-kind architectural flair. The expansive great room overlooks the sparkling 42' heated salt water pool and 9 acre serene lake, offering breathtaking sunset and wildlife views and a seamless flow to the freshly painted covered lanai perfect for entertaining or unwinding in complete tranquility. With over 3,000 square feet of thoughtfully designed living space inside, and 1,500 square feet outside, this home offers 3 spacious bedrooms plus an inviting office or 4th bedroom featuring a cozy fireplace, plantation shutters. The luxurious master suite is its own private retreat, boasting a fully marbled floors and 12' walls, 5' Crystal Chandelier, glass corner that creates a spa-like bathroom with a walk-in shower, custom free-standing tub, and a generous walk-in closet. The split floor plan provides guests with privacy and their own fully updated marble bathrooms, ensuring comfort and relaxation for all. Meticulously maintained and upgraded, this residence includes energy-efficient zoned HVAC with warranty, foam insulation, two water heaters, heated bathroom fans, crown molding, upgraded LED lighting, triple sliders, and storm protection. The 3-car garage with 8' doors includes a walk-up attic with flooring for additional storage. Surrounded by mature oaks, Seven Bougainvillea's plantings, sago palms, creeping fig, vibrant Birds of Paradise landscaping, and 17 scenic lakes, Deer Creek offers a stately, guard-gated entrance and a serene, upscale setting. Ideally located just minutes from shopping, dining, world famous beaches, this home embodies the very best of Gulf Coast living.
Source: STELLAR #A4664969
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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.