11202 Russell Dr, Seffner, FL 33584
2 beds · 1 baths · 1,218 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Charming Seffner Block Brick Home with timeless appeal and modern touches! NO HOA and NO CDD!! With over 1/3 acre fenced in lot located in a quiet country type setting yet closed to everything. Welcome to 11202 Russell Dr, a beautifully maintained 2-bedroom, 1-bathroom single-family home offering 1,218 sq ft of comfortable living space. The home also has a large Great room and a carport. Nestled away on a back road, this home perfectly blends classic charm with modern updates consisting of a NEW HVAC (last summer), NEW electrical, Well Tank (2021), Hot Water Heater (2016/2017), Home Plumbing Repiped (2015) and Windows replaced by a previous owner. Step inside to discover a bright and inviting interior featuring a thoughtfully designed layout and easy-flowing living spaces. The home has a large master suite with sitting room or the new owner can convert back to a 3rd bedroom. The home has been lovingly cared for, ensuring a move-in-ready experience for its next owner. Outside, you'll enjoy a spacious yard—perfect for gardening, gatherings, or storing a boat or RV. The backyard even has a large shed and covered are great to hold family gatherings. Located in a quiet yet convenient neighborhood, you’ll be just minutes from parks, shopping centers, dining spots, and quick access to I-4 and I-75, making commutes to Tampa, Brandon, Plant City, Lakeland or Orlando a breeze. Whether you're a first-time homebuyer, looking to downsize, or searching for a smart investment, this Seffner gem is not to be missed! Schedule your showing today and discover the comfort, convenience, and charm that this cozy home has to offer!
Source: STELLAR #TB8374388
Source: STELLAR #TB8374388
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.