1134 S Pointe Alexis Dr, Tarpon Springs, FL 34689
3 beds · 2 baths · 1,487 sqft
Assumable low rate VA mortgage! NOTE: This home was high and dry during Hurricane Helene and Milton; not even a scratch. Helene surge was 6 feet below entry into the 1st floor. Elevation of 1st floor 1.4 feet above Base Flood Elevation (BFE). Stunning Pond View Home in Coastal Resort-Style Community! Discover the epitome of Florida living in this exquisite Tarpon Springs home, perfectly situated in the coveted Pointe Alexis community. Plan more golf, tennis or beach time, as your HOA fee covers all your home landscaping maintenance; yard mowing, edging, irrigation, and bush & tree trimming. HOA also covers water, garbage, sewer, cable, internet; everything you need for effortless living, not to mention the community center perks! A resort-style heated Olympic-size pool with a hot tub, impressive clubhouse facility with pool table, expansive kitchen for your own private parties, grill area, tennis, pickleball and basketball courts, and more. With 3 bedrooms and 2 baths, this 2014-built gem boasts an open floor plan adorned with beautiful vaulted tray ceilings, allowing for an abundance of natural sunlight to fill the space. The gourmet kitchen is a chef's delight, featuring expansive granite countertops, custom maple wood cabinets, soft-close drawers, and sleek stainless steel appliances. The split floor plan offers privacy, with a luxurious master suite that includes a master bath with double sinks, a glass-enclosed shower, and customized California Closets. Every detail of this home has been thoughtfully designed, from the upgraded tile flooring throughout to the large screened-in lanai where you can unwind and soak in serene pond views. The lush, tropical landscaping adds to the tranquil ambiance, with a yard that directly backs up to the peaceful pond. This home is not only beautiful but also functional, with a tankless hot water heater, hurricane shutters, a built-in generator that powers the entire house, and heavy-duty garage shelving for ample storage. Located just minutes from Fred Howard Park, where you can walk, bike, or kayak through a private launch to the Gulf of Mexico, this home is also conveniently close to shopping, schools, downtown, beaches, restaurants, and the famous Sponge Docks. This move-in-ready home is an opportunity you don’t want to miss! Call today for your private showing and start living the Florida dream!
Source: STELLAR #T3546653
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #T3546653
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 of Equal Opportunity Act.