102 Anclote Rd, Tarpon Springs, FL 34689
2 beds · 2 baths · 1,323 sqft
Perfect little place for someone looking for an affordable home! X flood zone and no damage from either storm! Adorable 2/2 villa with a FENCED YARD and lots to do nearby! This is a rare find in Pinellas County at this price point AND a low, pet-friendly HOA of $215/month. Considering the high HOA's and assessments that come along with condos, and stairs with a townhome, villas are a great option. High ceilings and skylights give a bright and inviting atmosphere. Laminate flooring throughout the home along with tile floors lend to easy care. Cute open cabinetry and a breakfast bar in the kitchen, offers both functionality and charm. Living room has a nice electric fireplace that stays with the property along with a washer and dryer that stays as well. Split bedroom layout, which is perfect for accommodating guests. As a bonus, ownership also includes a share of an additional lot utilized by the small HOA. Located in a NON-FLOOD ZONE, there is peace of mind AND a significant savings. Walk to the Sponge Docks and also close to a Freedom Boat Club, marinas, restaurants, Sunset Beach, Howard Park Beach, and Anclote River Park. Honeymoon Island, Clearwater Beach, Busch Gardens, and Crystal River are all within a short drive! Whether you're seeking a new year-round residence or a short-term or long-term investment opportunity in Florida's historic gem, this villa presents a rare combination of charm and location!
Source: STELLAR #u8250090
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8250090
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: #u8250090
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