Welcome to Lake Valencia West - a highly sought after community of Palm Harbor!!! High & Dry - NON Evac Flood Zone X - No Flood Insurance Required! Highly desired Palm Harbor schools, Low Inventory!!! "New" Roof 2021. Solar Panels added in 2022. Newer Country Chef's Kitchen remodeled in 2023. Pool converted to salt water system (Spring 2025). New Pool Pump - 2023. The dual zoned HVAC Systems are in good working order (New HVAC 2018 & both recently serviced summer 2025). Driveway Extended 2024. Fresh exterior paint 2021. Great family home in the heart of Palm Harbor! Highly ranked Schools and beautiful neighborhood! This custom 2-story pool home sits on an oversized lot. The double doors open to the foyer of this spacious floor plan, featuring 4 bedrooms and 2 full baths upstairs. The Half bath downstairs has access to the pool area. A sunken formal living room, large family room, Pebble Tech Surface pool with a recently screened extended Lanai. There is plenty of space to bring your dreams to life designing your own outdoor kitchen as this space is already plumbed and wired! Large eat-in kitchen with granite counters, bar seating and stainless appliances with open floor plan into the family room. All bedrooms are upstairs along with the laundry room for convenience. The master bath has dual sinks and a recently upgraded bathroom with newer glass and tiled shower. Dual walk-in closets in Master (Primary) suite. The second bath upstairs was also recently upgraded. New flooring in the living room and formal dining room. Disposition of the Solar Panels, whole house water filtration system & water softener - TBD; subject to negotiation. Note: Subject to Lender Approval, Seller's low interest VA Loan "may be assumable" for another VET ONLY (TBD). LOW Inventory in this highly desired Palm Harbor neighborhood! This home is conveniently located 3-5 minutes from everything you could need for your family, pets, recreational sports; and then just a short 12 mins from beautiful Sunset Beach as well as Honeymoon Beach & Caladesi Island! With shopping, cafes/restaurants, the Historic Tarpon Springs Sponge Docks, as well as downtown Dunedin and quaint Safety Harbor - mostly all within a short drive or bike ride on the Pinellas Trail! Whether you are looking to escape the cold winters or just looking for a new home, this is "the Florida Pool Home" your family has been looking for!!!
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.
