110 Lakeside Colony Dr, Tarpon Springs, FL 34689
2 beds · 2 baths · 1,500 sqft
This lakefront Villa is a MUST SEE. A gracious courtyard welcomes you into this end unit home. New wood grain tile flooring throughout the home. Brand new HVAC installed in 2024, with a complimentary 10 year warranty for new owners! Eat in kitchen with granite counters, tile backsplash, and a double closet pantry. Kitchen also features a new dishwasher and sink, and overlooks a separate dining room area, great for formal dining or game nights! New interior paint throughout the home. New roof installed in 2020. The living room features vaulted ceilings and beautiful skylights creating a light and airy feel throughout. Gather around the original wood burning fireplace for the perfect cozy winter night. A HUGE screened lanai, able to be accessed from both bedrooms, features a perfect view of Spring Lake. Great for entertaining! Split bedroom plan plus an additional den/office space with a window. Walk in closet and En Suite bathroom in primary bedroom, with sliding glass door to access the beautiful lanai. Guest bedroom features a built in closet and sliding glass door which also opens up to lanai. Interior laundry, and attached garage. Canoe or kayak in the lake, or walk to the Gulf of Mexico's Sunset or Howard Park Beach, which is just a short distance away. Enjoy being close to the historic Sponge Docks, and the antiques district in downtown Tarpon Springs. The perfect location for your next home!
Source: STELLAR #t3512265
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3512265
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: #t3512265
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.