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10527 Piedra Dr, Palmetto, FL 34221

4 beds · 4 baths · 3,448 sqft

The Barbados Plan is a popular floor plan built by Taylor Morrison in the Eave’s Bend at Artisan Lakes community in Palmetto, Florida. The Barbados Plan features 3,422 sq ft, with 4 bedrooms, 3.5 bathrooms, a study, and game room. Solar panels come with home and are paid for. Energy bill averages 13 dollars a month. As you enter the home, you’ll notice 9 foot high ceilings and open floor plan highlighting the formal gathering and dining rooms. There’s also a study (which can be converted into a 5th bedroom) across the foyer. The spacious kitchen boasts impressive cabinet space, a double-door pantry, and a large island. with stainless steel appliances. The casual dining area features a bay window overlooking a beautiful lake. The spacious gathering room has sliding glass doors that open to a covered and screened in lanai. Upstairs: Upstairs, you’ll find a large loft/game room area, four bedrooms, and three bathrooms. Two secondary bedrooms share a connected bathroom, and another bedroom has a bay window. The separate primary bedroom features French Doors leading out to a balcony and a luxurious bathroom with two sinks, a garden tub, and a walk-in shower. The home is pre-fitted for a gas outdoor kitchen and as well as an outdoor pool. An unfinished under-stairs nook has been created as well, which can be used as a wine room, library, or as additional storage. Solar panels installed on roof. Amenities include a resort style pool, gym, playground, basketball court, and scenic views of lakes and ponds. The clubhouse provides a great space for community gatherings and events as well. Nearby schools include James Tillman Elementary Magnet School, Buffalo Creek Middle School, and Palmetto High School.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
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Details
Home
Size
3,448 sqft
Lot size
0.16 acres
Year built
2020
Type
Single Family Residence

Source: STELLAR #o6222636

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?

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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?

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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?

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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?

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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?

expand content

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.

View all FAQs
Last updated: Sep 24, 2024 08:47 am
Listing agent: Chevon Eaton (321) 210-4633
Listing provided courtesy of: CHEVON EATON (321) 210-4633
Details provided by STELLAR and may not match the public record.
MLS ID: #o6222636
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.