10309 Coral Landings Ct # 21-101, Placida, FL 33946
3 beds · 3 baths · 2,390 sqft
PREMIER GATED COMMUNITY, OWNERS MOTIVATED, BRING OFFERS! SUBSTANTIAL PRICE REDUCTION!! This property sustained no damage from Hurricanes Helene and Milton and is furnished and ready for immediate occupancy. EXPANSIVE WATER VIEWS! Nestled in the serene coastal community of The Landings at Coral Creek, 10309 Coral Landings Ct, #101 welcomes you with a harmonious blend of modern luxury and seaside charm. Built in 2019, and sold turnkey, this impeccable townhome boasts nearly 2400 square feet of air-conditioned space, providing ample room for relaxation and entertainment and an incredible view of wetlands and the the Coral Creek beyond. Inside, a private elevator effortlessly transports you to all three floors, ensuring convenience and accessibility for all. The ground level features a spacious 4+ car garage and private driveway, with an epoxy-painted garage floor, offering functionality and style. Indulge in the ultimate relaxation experience with your private spa, perfect for unwinding after a day of coastal adventures. The home exudes elegance with brand-new 6-panel doors, complemented by designer light fixtures illuminating the exquisite tile flooring in all living areas. Designed for effortless entertaining, the open kitchen beckons with stone countertops, a center island, and a large pantry. Stainless steel appliances and cabinet pull-outs enhance the culinary experience. Retreat to comfort in any of the three bedrooms, each boasting its own ensuite bath and walk-in closet. The main-level bedroom is currently used as a den. The third-floor oversized master baths feature large walk-in showers, double vanities, and private water closets, providing a luxurious oasis to unwind. A tray ceiling in the master bedroom adds a touch of sophistication. Step outside to discover two lanais, one offering an expansive view of the tranquil Coral Creek, and the other with a view of tropical greenery and wildlife. Impact sliders on the lanai and impact-rated windows and doors ensure peace of mind during inclement weather. Additional features include new carpeting, a laundry room, and extensive storage space, catering to practicality and comfort. Residents of the gated Landings at Coral Creek enjoy access to a wealth of amenities, including a community pool, clubhouse, tennis/pickleball courts, fitness room, fishing dock, and more—all conveniently included in the HOA fee. One or more photo(s) have been virtually staged.
Source: STELLAR #D6136700
Financials
Source: Public records
Source: STELLAR #D6136700
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.