Welcome to your dream home in the heart of Safety Harbor, one of Florida’s most charming and sought-after small towns! This stunning two-story colonial-style residence exudes timeless elegance with its classic design, and welcoming curb appeal. Featuring 4 spacious bedrooms and 2.5 bathrooms, this home offers plenty of room for family, guests, or a home office. The two-car garage provides convenient parking and storage, as well as an additional 2024 "garage" refrigator/freezer with extra insulation for keeping items cool. The screened lanai invites you to relax and enjoy Florida’s beautiful weather year-round—perfect for morning coffee or evening gatherings. The home has updated impact/energy efficient windows and hurricane shutters for the slider. Wood floors in the living and dining rooms, crown molding & a gorgeous kitchen featuring granite counters and maple wood cabinets with center island and pantry. Porcelain Tile (24 X 24) throughout the kitchen and family room space. The spacious 2 car garage includes a work bench, plus extra storage shed on the side of the house. Step outside to a generously sized backyard that’s a true oasis, complete with a charming chicken coop and resident chickens—ideal for fresh eggs and a touch of homestead living in the city! Safety Harbor is a golf friendly community where there are many fun events of all kinds! Just a short walk to Folley Farm Nature Preserve and Historic Downtown Safety Harbor! In addition this home includes many thoughtfully upgraded modern systems, smart technology, and specialty features designed for both everyday comfort and elevated entertaining. Water & Filtration Systems: AquaSure 48,000-Grain Water Softener, professionally installed May 2024 AND Whole-Home 3-Stage Water Filtration System, Reverse Osmosis Revolution. Both installed May 2024 for enhanced water quality throughout the home. Garage & Specialty Appliances include the following: 3,500 Watt Super Quiet Inverter Generator along with a Connecticut Electric, 30 amp, 10 Circuit EmerGen Transfer Switch with a 10-foot cord. This allows power cutover at the circuit breakers to provide power to all essentials within the house: power to all bedrooms, all ceiling fans, all bathrooms, both refrigerators, garage door as well as bedroom receptacles to allow window AC units if desired. Setup to power the entire house except the main AC, hot water heater and washing machine and dryer. Garage-Rated Refrigerator/Freezer (Purchased 2024), designed with enhanced insulation to perform efficiently in high-temperature garage environments, and a Meat curing Chamber, temperature- and humidity-controlled, ideal for specialty food preparation. Some of the Smart Home & Security items include, Yale Keyless Entry Deadbolt, Smart lock with keypad access, compatible with Google Home and Alexa, Chamberlain Smart Garage Controller, app-enabled garage access, compatible with iPhone & Android, open and close garage doors remotely from your smartphone. The outdoor space is full of goodies, too. Including the Blaze BLZ-4LTE2 Gas Grill, 4-burner configuration, Infrared rear burner, Dual side burners, Pit Boss Copperhead Onyx Edition Pellet Smoker 1300 series. Ideal for low-and-slow smoking and entertaining.
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.
