1041 N Hunt Club Dr, Hernando, FL 34442
3 beds · 4 baths · 2,699 sqft
One or more photo(s) has been virtually staged. **$10,000 closing cost concession** Bring your offers: We're ready to make this your new home! This spacious, 3+ bedroom 3.5 bath home is 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 den/office: This space could easily be a bedroom if needed, and has it's own half bath attached. The 2 other bedrooms have their own en-suite full baths. 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. Cement block construction, along with the concrete tile roof provides robust protection against wind damage. 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. Coastal flooding is no concern here: At 50' above sea level and 8 miles inland, Citrus Hills is not located in any mandatory evacuation zone. Treat yourself to a life of unmatched convenience and leisure: Don't wait on this opportunity to live your best Florida Life!
Source: STELLAR #OM686031
Source: STELLAR #OM686031
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.