11419 72nd Ter, Seminole, FL 33772
2 beds · 2 baths · 1,075 sqft
Welcome to this modern and beautifully updated 2-bedroom, 2-bathroom block home nestled in the heart of Seminole! Boasting 1075 square feet of living space on a spacious 7039 square foot lot, this home is a true gem. Step inside to discover a host of recent updates, including wood vinyl plank flooring, hurricane-rated double pane vinyl windows, and hurricane shutters, creating a sleek and secure interior. The newer interior doors add a touch of contemporary elegance, while the updated bath and stunning kitchen with granite countertops, tile backsplash, and stainless steel appliances elevate the home's modern appeal. The practicality of this home is evident with its indoor laundry room and 2nd bath, conveniently located off the 1-car garage, and providing additional access to the large fenced backyard, patio, and sunroom. This property also features a roof installed in 2009 and a HVAC system from 2016, ensuring both comfort and peace of mind for the new owners. Security cameras convey to new owner. Located just minutes from the Pinellas Trail, parks, tennis courts, and the Seminole City Center, this home offers easy access to a variety of recreational amenities. Not to mention, the proximity to gorgeous beaches makes it an ideal retreat for those who appreciate coastal living. Don't miss the opportunity to make this modern and updated home your own. Schedule a showing today and experience the best of Seminole living!
Source: STELLAR #u8250835
Source: STELLAR #u8250835
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: #u8250835
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.