11401 66th Ave, Seminole, FL 33772
2 beds · 2 baths · 1,408 sqft sqft
One or more photo(s) has been virtually staged. Now Accepting Reasonable Offers. NO STORM DAMAGE. HIGH & DRY. 5 MINUTES FROM BEACHES LOCATED IN THE ONLY NON-EVACUATION ZONE IN THE AREA. Charming 1,408 square foot well-maintained 2-bedroom, 2-bathroom home is one of the neighborhoods larger homes and is set on a corner lot of over 10,000 square feet! Built in 1960, and of solid concrete block. Step inside to discover a warm and inviting living room space featuring laminate wood flooring, bright windows with blinds and draperies throughout that lead into two bedrooms and a full tiled bathroom. The kitchen features recessed lights, solid wood cabinets, solid surface countertops, and an oversized Whirlpool refrigerator. The most impressive and unique offering in this home is the 300sqft bonus living area added in '06 featuring ceramic tile, bright windows and draperies, and a solid wood built-in bookcase with cabinets that include convenient pullouts and a stunning wood cathedral ceiling with recessed lighting. Outside is a quaint deck built w/ quality Trex® decking and new rails installed last year. The second bath featuring a tiled shower and laundry hookups are located within the attached 2-car garage. The home is packed with updates: an $8,000 whole home REVERSE OSMOSIS ('23) system, the most effective water filtration method which removes many or most of contaminants. DOWNSPOUTS AND LEAF FILTERS ('23), a complete PLUMBING ('06) replacement from the house to the street and ELECTRICAL ('06) updates . Additionally, the WATER HEATER ('24), the ROOF ('23), EXTERIOR PAINT ('23) and there is an irrigation system that runs off of a well. The interior is a blank canvas awaiting your personal touch. Located in a community known for its great schools, this property is ideal for those looking to enjoy Florida living without the worry. Don't miss out on this opportunity to own a solid, well-equipped home at a GREAT VALUE in a prime location.
Source: STELLAR #u8253174
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8253174
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: #u8253174
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.