8525 White Rose DRIVE, Orlando, FL, 32818 | $370,000

Under contract-accepting backup offers. Short Sale. Charming 4-Bedroom 3 Bath Pool Home with Fantastic Potential - Ideal for Renovation and Customization. Situated in a peaceful neighborhood with an oversized private fenced back yard, this property is perfect for those who can envision its full potential.
- **Spacious Layout: ** The home boasts a generous floor plan with ample living space, perfect for families and entertaining guests.
- **Short Sale Opportunity: ** This home is a short sale and is subject to the bank's approval, presenting a unique chance to purchase at a potentially lower price.
**Renovation and Financing Options: **
This property may qualify for several special financing programs, making it easier to fund necessary repairs and improvements:
- **Florida's Hometown Heroes Program: ** Potential eligibility for down payment and closing cost assistance.
- **FHA 203(k) Loan: ** A government-backed loan program allowing buyers to finance both the purchase and renovation costs.
- **Conventional HomeStyle Mortgage: ** A flexible option for financing renovations, enabling you to customize the home to your liking.
**Required Improvements: **
The home is in need of some essential repairs and upgrades, including:
- **New Septic System: ** Replacement of the existing septic system to ensure proper functionality.
- **New A/C System: ** Installation of a new air conditioning unit to enhance comfort and energy efficiency.
- **Cosmetic Enhancements: ** Opportunity to personalize to match your style and make it your dream home!

**Prime Location: **
Nestled in a quiet and neighborhood, this property offers easy access to local amenities, schools, parks, and major highways, ensuring convenience and a high quality of life.
Don’t miss out on this rare opportunity to create your perfect home!
*Note: All offers are subject to bank approval. Financing programs mentioned are subject to eligibility and qualification requirements. * THIRD PARTY PROCESSOR REQUIRED. SEE ATTACHED DISCLOSURES THAT MUST BE SIGNED AND PRESENTED WITH ALL OFFERS. ***Multiple offers. Please submit your best and final by 5 PM on 7/18/24

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 85 x 116 x 85 x 116
  • Laundry: Inside, Laundry Room
  • Year Built: 1989
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,121
  • Acreage: 0.23
  • Lot Size: 85 x 116 x 85 x 116
  • Est. Taxes: $5,473
  • HOA Fee: $175 Annually
  • Elem. School: Citrus Elem
  • Middle School: Robinswood Middle
  • High School: Ocoee High
  • Pool: Child Safety Fence, Gunite, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: O6219968
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/O6219968/8525whiterosedrive_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/21/2024 12:19:47 AM)
Listing courtesy of EXP Realty LLC   Phone: 888-883-8509

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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8525 White Rose DRIVE, Orlando, FL, 32818

$370,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $296,000 $296,000 $296,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $456 $456 $456
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,799 $1,799 $2,339
Total Monthly Payment $2,330 $2,330 $2,870

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.