1002 Waterview Pt, Lakeland, FL 33801
2 beds · 2 baths · 1,134 sqft
LAKEFRONT PROPERTY - 176FT FRONT FALL SPECIAL! - AS-IS WITH ALL ATTACHED AND IMPLANTED. NOT INCLUDING OWNER'S FURNITURE, FREEZER/GARAGE, GAMES, BOXES/BELONGINGS. TIME FOR A HOME FOR THE HOLIDAYS!!!!! HOME HAS NEW ROOF 2021, NEW AC 2020, LARGE 176' LAKEFRONT LOT, INGROUND SPA 2 BEDROOM 2 BATH PLUS BONUS X-LARGE ENCLOSED ROOM FACING LAKE AND 1 CAR GARAGE, 2 OPEN PORCHES & PEACEFUL HOME SWEET HOME -176 SQ FT LAKEFRONT PROPERTY. NOTE: THE BONUS ROOM IS 261 SQ FT AND IS NOT INCLUDED IN THE SQUARE FT. PUBLIC RECORDS ELEVATION SURVEY SHOWS HOUSE IN ZONE X SELLER MORTGAGE COMPANY DID NOT REQUIRE FLOOD INSURANCE. AS YOU ARRIVE AT THE SINGLE FAMILY PROPERTY, ON THE TIP OF THE PENINSULAR, YOU SEE FRONT YARD WITH BEAUTIFUL EXOTIC FLOWERS. YOU ENTER THE SCREENED PORCH SITTING AREA AND ENTER INTO THE HOME. YOU SEE A HUGE ENCLOSED ROOM PAST THE HUGE ROOM YOU ENTERED. THRU THE SLIDING GLASS DOORS ANOTHER HUGE GAME ROOM THAT YOU VISUALIZE COULD BE A FORMAL DINING ROOM/FLORIDA ROOM . YOU SUDDENLY VIEW THE 176FT FRONTAGE OF LAKE SKYVIEW AND .64 ACRE LOT. AS YOU EXIT THIS ADDITIONAL ENCLOSED ROOM; YOUR EYE CATCHES MORE LAND AND ANOTHER SCREENED IN PORCH W/SPA OFF MASTER BEDROOM WHICH IS OVERLOOKING THE LAKE FRONTAGE. *THE ENCLOSED PORCH/FLORIDA ROOM IS NOT INCLUDED IN SQUARE FT IN ORIGINAL CONSTRUCTION PUBLIC RECORDS PROPERTY HAS A RELAXING VIEW OF THE LAKEFRONT PROPERTY. THE 1 CAR GARAGE HAS A VENT TO OPEN FOR AC IF WORKING IN THE GARAGE. MANY OPTIONS AWAIT THE NEW BUYER OR INVESTOR, OPPORTUNITY KNOCKS. DONT LET THIS LUXURIOUS PROPERTY WITH RELAXING HEATED SPA OVERLOOKING THE PEACEFUL LAKE FRONTAGE GET AWAY! MOTHER NATURE IS CALLING YOU NOW! MIRACULOUSLY THIS AWESOME HOUSE HAD NO HURRICANE HELENE NOR MILTON DAMAGE!! PRICELESS!!!!! HOUSE SOLD AS-IS, NO FURNISHINGS, FREEZER IN GARAGE NOR SELLERS PERSONAL BELONGINGS. AS-IS WHAT IS ATTACHED OR IMPLANTED.
Source: STELLAR #o6235769
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6235769
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #o6235769
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