**NEW PRICE ALERT!**JUST MINUTES FROM BEAUTIFUL GULF BEACHES**Welcome to 11210 102nd Terrace, Seminole, FL 33778 — an updated 3-BEDROOM, 3-BATHROOM POOL HOME, with a 1-CAR GARAGE that perfectly blends comfort, character, and Florida charm. Step inside and fall in love with the inviting open layout and quality finishes that make this home both stylish and easy to maintain. The gourmet kitchen is a true highlight, featuring rich wood cabinetry with crown molding, granite countertops, stainless steel appliances, a sleek range hood, elegant tile backsplash, and an island with breakfast bar, ideal for everyday living or entertaining guests. Enjoy multiple living spaces, including a welcoming LIVING ROOM, comfortable FAMILY ROOM, and a versatile DINING ROOM that can easily serve as a home office, playroom, or hobby space. The spacious owner’s suite offers a peaceful retreat with a walk-in closet and a luxurious en-suite bathroom featuring a dual vanity and step-in shower. The two additional bedrooms are separated from the owner’s suite, providing a nice sense of privacy and space for family members or guests. Each of the three full bathrooms has been tastefully renovated, offering both style and functionality. Step through the French doors and experience your very own backyard paradise—a true Florida retreat designed for relaxation and fun in the sun. Enjoy the 23' X 12' above-ground pool with wrap-around deck, perfect for lounging, entertaining, or soaking up the warm Florida sunshine. The fenced yard offers privacy and plenty of room for outdoor activities, while the patio area provides the perfect spot for a grill and seating area, ideal for weekend barbecues or evening gatherings under the stars. The storage shed adds convenient extra room for pool or garden gear, and a circular driveway ensures ample parking for family and guests. A welcoming covered front porch greets you at the entrance, creating a perfect place to enjoy your morning coffee or relax in the evening while taking in the peaceful surroundings. This home is not in a flood zone and offers NO HOA and NO CDD. Plus, you’ll love being just minutes from top-rated schools, the Pinellas Trail, Seminole Recreation Center, Seminole City Center, Walsingham Park, shopping, dining, and the stunning Gulf beaches that make Florida living so special. Updates Include: Roof (2016) • HVAC (2018) • Windows (2016) • Pool (2018). Don’t miss out on this beautiful Seminole gem that captures the best of Florida living!
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
