1041 N HUNT CLUB DR, Hernando, FL 34442
One or more photo(s) has been virtually staged. Located in the first-class resort community of Terra Vista, this amazing residence provides luxury living space surrounded by nearly endless opportunities for recreation and relaxation! Upon entering the house through the grand entryway, the high ceilings and open floor plan give a feeling of grandeur as you make your way back to the main living area. Combined with the kitchen, this space is ideal for entertaining your guests. The kitchen features stone countertops, double oven, induction cooktop, and a Culligan RO filter at the sink. A 3 part sliding door opens to the covered Lanai where you have an open view to lush greenlands. Smartly placed shrubbery enhances privacy while you enjoy your saltwater pool. The pool has had weekly professional service done every week since 2021. The new filter installed July 2024 will provide 5-7 years of operation. The master suite and bath has your walk-in closet, with double sinks and a walk-in shower with grab rails. The master bath also opens to the first bedroom: This is a good space for your home office, and has it's own en-suite half bath. The 2 other bedrooms have their own full baths: One en-suite and one adjoining. The large laundry room features cabinetry and a sink. House cleaning is made easy and convenient with a built in whole house vacuum system. The garage has epoxy floors and built in cabinetry for clean and tidy storage. Roof was professionally washed in June 2024. A sprinkler management system installed July 2024 ensures appropriate amounts of water are used, saving money and eliminating wasteful usage. Professional A/C service has been paid through 2025. Citrus Hills has everything you expect from a premier resort community: 4 golf courses, 3 restaurants, with spa and fitness facilities that cater to every desire! Make sure you reserve time during your showing to tour the community. Citrus Hills is located in the north/central part of Citrus County, FL. Retail and grocery stores are nearby. It is 10 miles to the Gulf Coast at Crystal River, an hour and 15 minutes to Tampa Int'l Airport, and an hour and half to Disney World. Treat yourself to a life of unmatched convenience and leisure: Don't wait on this opportunity to live your best Florida Life!
You may be able to put down less than the total down payment amount of $161,106 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: #om686031
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.