7503 Winchester Dr
Tampa, FL 33615
4 beds · 4 baths · 1,538 sqft
$399,900
Get prequalified7503 Winchester Dr
Tampa, FL 33615
4 beds · 4 baths · 1,538 sqft
$399,900
Get prequalifiedUnder contract-accepting backup offers. One or more photo(s) has been virtually staged. What an AMAZING OPPORTUNITY! The beautiful 1538 SF home, sitting on a quiet street in Canal Shores offers so much! The freshly painted open floor plan has ceiling fans & tile floors through out, and 4 BEDROOMS each with an En Suite bathroom--that's right, each bedroom has it's own private bathroom, beautifully tiled with quartz vanities...3 of the bedrooms have private exterior exits! The kitchen has newer LG appliances, granite countertops, wood cabinets, and a window overlooking the huge screened covered lanai...fenced for privacy, and with lush tropical landscaping everywhere, the backyard is it's own private Oasis...there's even a mature Oak tree wrapped in passionfruit vine that offers fruit everyday! Parking for 6 vehicles--3 of which under the carport...A gated concrete pad along the side of the property for jet skis, etc...and a shed in the backyard for more storage! New 3-TON HVAC in Oct 2022...2-40 gallon water heaters...transferrable Roof Maxx warranty, and no hurricane damage! This property is minutes from Tampa International Airport, Berkeley Prep School, International Plaza Mall, restaurants, Clearwater Beach, Rocky Point Golf Course, and the Veterans Expressway...Come see this incredible property today!
Source: STELLAR #TB8393184
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.