11314 Leland Groves Dr, Riverview, FL 33579
5 beds · 4 baths · 3,467 sqft
Unique opportunity!!! Priced to sell it fast... Spacious house with conservation views! This stunning home offers 5 bedrooms, 3,5 bathrooms, 2 car garage, loft, storage space under the stairs, formal dining room, family room, laundry room and more, with over 3,400 Square feet of living space. With no rear neighbors and a serene conservation view, you'll enjoy privacy and tranquility. On the first floor, you'll find one of the bedrooms with its own private bathroom and walk-in closet that could use it as the In-law suite. The entire home features laminate flooring - No Carpet anywhere! The spacious and open concept kitchen boasts brand new stainless steel appliances, a long island, under mount doble sink, stylish backsplash, making it perfect for cooking and entertaining with the view of the parcially fenced and private backyard with the view of the consrvation area. Adjacent to the kitchen are the formal breakfast room and a large family room. Upstairs, a generous loft awaits, along with the remaaining 4 bedrooms and the big laundry room. The maaster suite is a retreat offering a large bedroom with trail ceiling, the spacious bathroom with long granite counter top vanity with double sink, separate shower and garden tub, private toilet room, and huge walk-in closet.Freshly painted interior and modern feeatures througout make this home Move-in Ready. Located in the style resort community of Southfork Lakes that offers community pool, playground, clubhouse with game rooms, fitness center, walking trails around the lakes & more to enjoy. Near important highways, shopping plazas, restaurants, hospitals, schools, Down Town Tampa and more. Don't miss the chance to own this gorgeous designed property, make your appointment today and be the first to see this House!!!
Source: STELLAR #tb8323876
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8323876
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: #tb8323876
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