10 CYCLAMEN CT W, Homosassa, FL 34446
This EXQUISITE 3-bedroom, 2-bathroom home, spanning 2,109 SQUARE FEET, is a true gem nestled on a serene .36-ACRE CORNER LOT in a CUL-DE-SAC in the gorgeous town of HOMOSASSA, FLORIDA. The property is zoned PDR and boasts a lush GREENBELT setting, enhancing its privacy and natural beauty. As you enter, you’re greeted by HIGH CEILINGS adorned with stunning CROWN MOLDING and DECORATIVE WOOD ACCENT TRIM, creating an elegant and inviting atmosphere. The OPEN-CONCEPT DESIGN seamlessly integrates the LIVING, DINING, AND KITCHEN AREAS, making it perfect for entertaining. The KITCHEN features gorgeous QUARTZ COUNTERTOPS, a LARGE KITCHEN ISLAND, LIGHT-COLORED CABINETS, MODERN APPLIANCES, and even a WINE COOLER, providing everything you need for both everyday cooking and special occasions. The adjacent dining area and living room flow effortlessly, ideal for both intimate dinners and larger gatherings. The MASTER SUITE is a private retreat, complete with a SPACIOUS WALK-IN CLOSET and a luxurious bathroom. The MASTER BATH is designed for relaxation, featuring a MASSIVE WALK-IN SHOWER, a SEPARATE SOAKING TUB, a DUAL SINK VANITY, and even a cozy FIREPLACE, offering a spa-like experience right at home. The toilet area is separate, with its own door for added privacy. The GUEST BEDROOMS are equally impressive, offering AMPLE SPACE and SIZABLE CLOSETS. The guest bathroom mirrors the luxury of the master, featuring a DUAL SINK VANITY and RECESSED LIGHTING. Sliding glass doors off the living area lead to the SCREENED-IN PATIO, where a SPARKLING POOL awaits, offering a private oasis for relaxation and entertainment. This outdoor space is perfect for hosting summer BBQs or simply enjoying the peaceful surroundings. Located in the charming town of HOMOSASSA, FLORIDA, within the sought-after OAK VILLAGE AT SUGARMILL WOODS, this home not only offers luxury and comfort but also access to a variety of COMMUNITY AMENITIES that cater to an active lifestyle. Residents of Oak Village enjoy a CLUBHOUSE that serves as a central hub for social gatherings and community events, a LARGE OUTDOOR SWIMMING POOL for relaxation, and a FULLY EQUIPPED FITNESS CENTER with modern exercise equipment. For sports enthusiasts, there are TENNIS AND PICKLEBALL COURTS available, as well as GOLF COURSE ACCESS at the adjacent SUGARMILL WOODS COUNTRY CLUB, offering a well-maintained course for golf lovers. The community also boasts SCENIC WALKING AND BIKING TRAILS, PARKS AND GREEN SPACES for outdoor activities, and a variety of SOCIAL CLUBS AND PLANNED ACTIVITIES that foster a sense of community and engagement among residents. With its prime location in this idyllic setting, you can enjoy the best of Florida living while still being close to SHOPPING, DINING, PARKS, and TOP-RATED SCHOOLS. Don’t miss the opportunity to make this STUNNING HOUSE in HOMOSASSA your forever home.
You may be able to put down less than the total down payment amount of $183,512 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #w7867377
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.