Virtually Staged. Welcome to 4890 W Geyser Court in Beverly Hills, Florida—a beautifully updated 4-bedroom, 2-bath home situated on 1.32 private acres, offering the perfect blend of spacious indoor living and peaceful country surroundings. With 2,504 square feet of thoughtfully designed living space, this property is ideal for buyers searching for a move-in-ready home with acreage in Citrus County. From the moment you step inside, you’ll appreciate the soaring high ceilings, open-concept floor plan, and abundant natural light that create an inviting atmosphere for both everyday living and entertaining. The oversized kitchen is the heart of the home, featuring extensive cabinetry, generous countertop space, and a charming breakfast nook surrounded by a stunning 360-degree window design that brings the outdoors in. The spacious living room showcases custom built-in shelving and entertainment storage, creating a beautiful focal point while providing practical storage. A formal dining room offers the perfect setting for family gatherings and holiday meals. The private primary suite is designed for comfort and relaxation, complete with a custom built-in bookcase. The primary bathroom features dual vanities, a walk-in shower, and a separate soaking tub, creating a spa-like retreat at the end of the day. Step outside to enjoy the screened lanai overlooking your expansive backyard, where you’ll discover a property that’s just as impressive outdoors as it is inside. Nature lovers and hobby farmers will appreciate the mature loquat trees lining the side yard, producing delicious seasonal fruit, along with established blackberry patches scattered throughout the property, offering the opportunity to harvest fresh berries right from your own backyard. The property also includes a barn and is suitable for one to two horses, making it an excellent option for those looking to enjoy a small hobby farm or equestrian lifestyle. A chicken coop, wide-open green space, and plenty of room for gardening, recreational vehicles, additional outbuildings, or simply enjoying the privacy of country living complete this versatile property. Recent updates include fresh interior paint, a new roof (2023), and a new HVAC system (2023), providing peace of mind for years to come. Conveniently located in Beverly Hills, Florida, this home offers easy access to Crystal River, Homosassa Springs, Lecanto, Inverness, and Ocala, while remaining just a short drive from Florida’s beautiful Gulf Coast. Spend your weekends kayaking with manatees in Crystal River, boating, fishing, exploring the scenic Withlacoochee State Forest and Withlacoochee State Trail, or enjoying one of the area’s many golf courses. Shopping, dining, medical facilities, and everyday conveniences are all nearby. Whether you’re searching for a Florida home with acreage, a property that accommodates horses and hobby farming, or simply a peaceful retreat with modern updates and room to grow, 4890 W Geyser Court delivers the lifestyle you’ve 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.
