87 S 69th Ave Pensacola, FL 32506
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About this home
**Price Improvement**Welcome to 87 S 69th Avenue, a thoughtfully updated 3-bedroom, 3-bathroom home that offers both style and functionality. A spacious bonus flex room provides the perfect space for a home office, playroom, gym, or guest room—tailored to suit your lifestyle. Inside, you'll find a warm and inviting dining room accented with classic wainscoting, adding timeless charm and character. The large living area features a cozy fireplace, making it a perfect space for relaxing or gathering with guests. The kitchen has been tastefully remodeled within the last five years, complete with modern appliances and updated finishes that make everyday cooking a pleasure. Step outside to your private backyard retreat, where a saltwater inground pool awaits—complete with a brand-new liner installed in September. The pergola-covered back patio offers a shaded space ideal for outdoor dining or lounging, making this home perfect for entertaining or enjoying quiet evenings outdoors. The garage is just as well-appointed, with a painted floor and built-in wall cabinet storage for keeping things neat and organized. Located in West Pensacola, this home is just minutes from Naval Air Station Pensacola, Corry Station, and Pensacola Naval Hospital. Everyday conveniences, local dining, and the beautiful Gulf Coast beaches are all within easy reach. **Seller's offering a flooring allowance with accepted offer. Schedule your private showing today! If important, buyer to verify all information and measurements.
Source: PENSACOLA #671961
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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.