10828 57TH AVE, Seminole, FL 33772
Nestled on a private road, this charming unincorporated home offers the best of Florida living. Just under 2.3 miles from our stunning sugar sand beaches, it’s conveniently located in a flood zone X, giving you peace of mind. Key Features: Attached Garage: Includes 1 car garage with an opener and 2 clickers. Modern Kitchen: Stainless steel appliances, motion sensor lights under the cabinets for a touch of convenience. Utility Room: Spacious with an inside pantry, washer, dryer, and additional back door leading to the backyard. Flexible Space: The 3rd bedroom, which can double as a den or office, features a large built-in closet and its own entrance to the backyard. Outdoor Living: Enjoy a nice-sized backyard with a paved patio area, a shed for extra storage, and well water for irrigation. The side yard is perfect for RV or boat parking. Recent Updates: Newer windows, A/C from 2018, and a roof installed in 2019. Location Perks: Close to Essentials: Near VA Hospital, Seminole City Center with shopping, dining, fitness, and a movie theater. Outdoor Recreation: Close to the Pinellas Trail (45 miles long), Lake Seminole Park, and Bay Pines Boat Ramp. Easy Access: Conveniently near downtown and I-275. This home is ready for you to move in and make it your forever Florida retreat. Come see it and experience all that it has to offer!
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: #u8230626