10621 Green Meadow Ln, Port Richey, FL 34668
2 beds · 2 baths · 1,422 sqft
Welcome to this spacious home featuring 2 bedrooms, 2 bathrooms, and a large 2-car garage! It is situated on an oversized corner lot with just one neighboring property. Located in the heart of the highly desirable 55+ community of Timber Oaks, this home offers a welcoming atmosphere.As you enter, you'll appreciate the generous living room. The open floor plan enhances the charm of the home, with the living room seamlessly connecting to the kitchen. The space is bright, featuring fresh paint and a large ceiling fan. The kitchen boasts a breakfast bar that overlooks the family room, a wet bar, and a dining area perfect for family gatherings. Large windows provide views of the backyard, and sliding doors lead to a screened porch.The kitchen is equipped with essential appliances, including a range stove, refrigerator, dishwasher, and microwave. Adjacent to the kitchen is a spacious dining room, ideal for accommodating a generous dining table for family meals. The flexible floor plan includes two comfortable bedrooms. The owner's suite features a large closet and a walk-in shower, along with a sizable mirror. The guest bedroom is conveniently located near the guest bathroom and also includes a large closet. Double sliding glass doors open to the screened lanai, creating an excellent space for entertaining guests or enjoying a nice breeze on cooler days. Additional features include a laundry room with a washer and dryer, a laundry sink, and a door leading to the 2-car garage, which has a remote door opener. This home has new windows and an A/C system installed in 2020, and each room is equipped with high-quality ceiling fans. It is zoned for great schools and is close to shopping, fine dining, entertainment, and a hospital, with easy access to the powdery sands of Florida's Gulf Coast beaches just minutes away. The community offers a sparkling resort-style pool and hot tub by the lake, a clubhouse, a computer room, a library, a fitness center, a playground, and outdoor kitchens. Don’t miss this opportunity to own this wonderful home!
Source: STELLAR #tb8321982
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8321982
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.
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.
MLS ID: #tb8321982
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