10509 Lithia Estates Dr, Lithia, FL 33547
4 beds · 3 baths · 2,540 sqft sqft
Short Sale. *** SHORT SALE *** AGENTS- READ REALTOR REMARKS - Exquisite 2.82 Acre Retreat with Private Pond Welcome to your tranquil oasis nestled on a sprawling 2.82-acre estate, complete with a private pond that adds an enchanting touch to the picturesque landscape. This stunning 2,540 square feet residence offers a seamless blend of elegance and functionality, with captivating features that invite you to experience a life of serene luxury. As you step through the grand double door entryway, you are greeted by an ambiance of sophistication that permeates every corner of this home. The airy and open design bathes the interior in natural light, creating a warm and inviting atmosphere that is sure to delight residents and guests alike. The heart of the home is undoubtedly the spacious and thoughtfully designed kitchen, which boasts a perfect harmony of style and convenience. The large kitchen area provides ample space for culinary endeavors and entertaining, ensuring that every gathering is a delightful experience. The built-in desk adds a touch of practicality to the kitchen, making it a versatile hub for both work and leisure. Embrace the joy of modern living with a suite of stainless steel appliances that elevate your cooking endeavors to new heights of excellence. Whether you're a seasoned chef or an aspiring cook, this kitchen is sure to inspire your culinary creativity. The elegant layout of the home extends beyond the kitchen, revealing a meticulously crafted interior that seamlessly blends comfort and aesthetics. Relax and unwind in the spacious living areas, where the ambiance is enhanced by the abundance of natural light pouring in through large windows. Step outside onto your expansive outdoor haven, where the sprawling acreage provides endless opportunities for outdoor activities, relaxation, and exploration. The private pond creates a sense of serenity, offering a peaceful retreat where you can unwind and reconnect with nature. AGENTS- READ REALTOR REMARKS
Source: STELLAR #o6134057
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6134057
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.
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: #o6134057