RARE FIND! LOW HOA! NO FLOOD INS/NON-EVACUATION ZONE! ALL AGES WELCOME! PET FRIENDLY! INTRODUCING A PALM HARBOR, SUBURB HIDDEN GEM! BEAUTIFULLY UPDATED SPACIOUS HOME IS A STANDOUT, PRIDE OF OWNERSHIP IS EVIDENT. FROM THE MOMENT YOU WALK IN, YOU WILL LOVE THE SPACIOUS FLOW OF THIS HOME THAT CREATES AN AMBIENCE THAT’S BOTH INVITING AND MODERN. EVERY INCH OF THIS VILLA HAS BEEN LOVINGLY TENDED TO. IT SETS BACK ON A PRIVATE ROAD THAT LEADS TO A 42-UNIT SERENE GATED COMMUNITY. THIS TASTEFULLY DESIGNED HOME WITH 10-FOOT CEILINGS CREATES A CASUAL STYLE DESIGNED FOR COMFORT & LIVING. PLANTATION SHUTTERS THROUGHOUT & NEW BEDROOM WINDOW TREATMENTS STRIKE THE PERFECT BALANCE OF LIGHT, & CEILING FANS ARE IN EVERY ROOM. THE KITCHEN BOASTS GRANITE COUNTER TOPS & BEAUTIFUL, OVERSIZED WOOD CABINETS, PROVIDING MORE THAN AMPLE STORAGE, STAINLESS APPLIANCES, & A SUNNY EAT-IN-KITCHEN. THERE IS A PASS-THROUGH FROM THE KITCHEN TO THE LARGE DINING ROOM, MAKING ENTERTAINING EASY. THE EXTRA-LARGE PRIMARY SUITE IS A PERFECT RETREAT, WITH A SEATING AREA FOR QUIET READING AND RELAXING, A SPACIOUS WALK-IN CLOSET, & AN EXTRA CLOSET OFFERING EXTRA SPACE. THE LARGE MASTER BATH AREA IS WELL-OUTFITTED WITH A SOAKING TUB, A SEPARATE SHOWER WTH BENCH SEAT & TOILET AREA, A DOUBLE SINK & SKYLIGHT. THE 2ND BEDROOM IS LARGER THAN MOST & OFFERS FRESH PAINT, CRYSTAL LIGHT CEILING FAN W/ REMOTE & AN OPEN FEEL. THE 3RD BEDROOM BEAUTIFUL ETCHED GLASS DOORS ARE A BONUS. THEY CAN REMAIN OPEN OR CLOSED FOR PRIVACY. THERE IS ALSO A MURPHY BED THAT LEAVES THE ROOM WIDE OPEN AND OFFERS ROOM FOR GUESTS. THE SKYLIGHTS BRING IN NATURAL LIGHT, MAKING THIS ROOM INVITING, & THIS ROOM CAN BE USED FOR ANY PURPOSE YOUR HEART DESIRES. MANY UPDATES TO THIS LITTLE PIECE OF HEAVEN INCLUDE NEW AC INSTALLED IN 2024, ROOF IN 2015, BEAUTIFULLY MAINTAINED, LOW MAINTENANCE LANDSCAPING WITH CLEAN LINES & THOUGHTFULLY DESIGNED BEDS FEATURING DECORATIVE STONE, FRESH MUCH AND MANICURED HEDGES. THE INVITING WALKWAY LEADS THROUGH A CHARMING COURTYARD-STYLE SETTING, ENHANCED BY CURATED PLANTING, ACCENT LIGHTING, & NEW PORCH PAVERS CREATING A WARM & WELCOMING ENTRANCE. STYLISHLY UPDATED GUEST BATHROOM FEATURING BRAND-NEW FLOOR-TO-CEILING TILE, DISTINCTIVE DESIGNER SINK, & MODERN FINISHES THROUGHOUT. STEP OUTSIDE TO A RECENTLY REDESIGNED BACK PATIO W UNIQUE MAINTENANCE-FREE FLOORING, OFFERING A SERENE SETTING TO RELAX & UNWIND. THIS PEACEFUL ATMOSPHERE & THE NATURAL BEAUTY, FURTHER ENHANCED WITH A PRETTY CURATED GARDEN FEATURING PLANTINGS, CLEAN EDGING, & SOFT LANDSCAPE LIGHTING, IS AN ADDITIONAL SPACE YOU WILL ENJOY BY NIGHT OR DAY. THE LOW $320 MONTHLY HOA INCLUDES TRASH, CABLE TV, LAWN CARE, PRESSURE WASHING, GUTTER CLEANING, SHRUB MAINTENANCE, CABLE TV, SPRINKLER SYSTEM, LAWN PESTICIDE TREATMENT, POOL & JACUZZI MAINTENANCE, EXTERIOR PAINTING, & PRIVATE ROAD RESURFACING/MAINTENANCE. THE MAINTENANCE- FREE LIVING LIFESTYLE OFFERS A SPARKLING POOL AND SPA. ONE-WAY IN AND CUL-DE-SAC OFFER SECURITY & PEACE OF MIND. THIS QUAINT SUBDIVISION IS A WELL-MAINTAINED LITTLE PIECE OF HEAVEN SURROUNDED BY RESTAURANTS, SHOPPING, BEACHES, CULTURAL EVENTS, PARKS, RECREATION, & THERE IS ALWAYS SOMETHING GOING ON FOR ALL AGES. IT IS CENTRALLY LOCATED WITHIN A SHORT DISTANCE TO DUNEDIN, SAFETY HARBOR, TARPON SPRINGS, CLEARWATER, & THE AIRPORTS. THE OWNER IS OFFERING A GENEROUS $5000 FLOORING ALLOWANCE. THIS HOME TRULY HAS IT ALL-LOCATION, LAYOUT & LOW MAINTENANCE LIVING. DON’T MISS THIS RARE OPPORTUNITY!
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.
