10070 BAYOU GRANDE AVE, Seminole, FL 33772
One or more photo(s) has been virtually staged. PRICE REDUCTION! Step into this beautifully remodeled three story townhome nestled in a serene gated community, where modern luxury meets comfortable living. Upon entering, you're greeted with stairs that lead to an expansive living space adorned with luxurious vinyl plank flooring that exudes both warmth and sophistication. The open floor plan seamlessly connects the living room, dining area, and kitchen, creating the perfect environment for entertaining guests or simply relaxing with loved ones. The kitchen is a chef's dream, featuring top-of-the-line appliances that blend seamlessly with the sleek cabinetry and quartz countertops. Whether you're preparing a gourmet meal or enjoying a casual breakfast at the island bar, this kitchen is sure to inspire culinary creativity. Venture upstairs to discover a full guest bathroom and three spacious bedrooms, each offering ample closet space. The primary suite is a true retreat, boasting its own private screened-in patio where you can unwind and take in the tranquil surroundings and a spacious walk-in closet. The ensuite bathroom features dual vanities and a walk-in shower, providing the ultimate in relaxation and convenience. The bonus room located on the first level offers plenty of space for family members or guests, and is complemented by its own stylishly appointed bathroom, complete with modern fixtures and finishes, and its very own walk-in closet. This beautiful home offers not one, but three screened-in patios, offering the perfect setting for morning coffee, or simply enjoying the fresh air. Conveniently located just off the kitchen area, you'll find a half bath for guests. The property also features an attached two-car garage, providing ample parking and storage space for all your needs. This townhome also boasts the added benefit of being situated within a gated community, offering peace of mind and security for you and your loved ones. When it's time to cool off and relax, you'll love having access to the community pool, where you can swim, sunbathe, or socialize with neighbors in style. With its impeccable design, thoughtful amenities, and prime location, this remodeled townhome offers the perfect blend of comfort and convenience for modern living. The Bayou Grande Townhome Community is close to beaches, shops and offers a very low HOA! Schedule a showing today!
You may be able to put down less than the total down payment amount of $146,051 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: #u8242869
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.