10003 Sandpiper Rd E, Bradenton, FL 34209
4 beds · 2 baths · 1,890 sqft sqft
Fresh paint throughout. This is Waterfront living at it's finest. This home is situated on a lovely canal attached to Palma Sola Bay. From there the world. This is one of the best boating and fishing areas in the area. Outdoor living is at it's best in this home as there is a wonderful covered lanai complete with a beautiful pool, attached spa and huge pool deck. Want to go to the beach? In less that two miles you're there. The hard to find four bedroom home offers a split bedroom plan with an open dining and living room area. There is A large indoor laundry room and a huge pantry room. The ensuite form the main bedroom leads directly out to the pool area. The smart layout of the home features no wasted space, neutral colored tile and timeless cabinets. New roof and new plumbing are a nice bonus as well. Flamingo Cay is a boater's oasis. The deep water canal offers you every option in the type of boating you wish to enjoy and includes regular spotting of playful dolphin and manatee. The beautiful dock is equipped with a 25,000 pound lift, fish cleaning table and a powerpole with a 30 amp plug and wash down. There is also a floating dock for kayaks or jet skis. From here you may kayak into the bay or Robinson preserve. The home is great for entertaining as it boasts a beautiful paved patio with a tiki bar and grill. The secluded pool, spa, outdoor refrigirator, ice maker and pass through kitchen window help make outdoor living a breeze. Roof was replaced in 2020. Boat dock replaced in 2019.
Source: STELLAR #a4615325
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4615325
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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: #a4615325