11420 CAPTIVA KAY DR, Riverview, FL 33569
Short Sale. Welcome Home to this beautifully kept and well maintained villa in the Rivercrest community of Riverview, Florida. 2 bedrooms, den, 2-bathroom Villa (NEW PAINT AND LIGHT FIXTURES)! Home includes a large office space/den, guest room. Some of the better features include that the A/C is just over 3 years old; Stainless steel appliances are less than 3 years old in an oversized kitchen with a double sink makes cooking a breeze. You will also love the spacious countertops; classic cabinetry affords lots of storage. In addition to the laundry closet and access to the garage are within the kitchen. Both bathroom vanities have been replaced. *The home also features pleated blinds that pull down from the top and up from the bottom. *Throughout the home porcelain tile has been installed with 4'' baseboards. *Closets in both bedrooms features custom Rubbermaid closet systems. *Rainsoft water treatment system. *Google Nest doorbell. Walking in, you can find the kitchen to the left of the entry. Right off the kitchen is the living room which is filled with natural light all day due to the glass French door that led to the covered/screened-in lanai which offers a beautiful view of the pond behind the house. The dining room is right next to the breakfast bar in the kitchen and has plenty of space for a large family dining table. The desireable split bedroom floor plan features the master bedroom in the back of the house. Within the master bedroom you can find the en-suite bathroom featuring a double sink vanity, large walk-in shower in addition to a walk-in closet and a storage closet. The second bedroom is to the right of the entry foyer ensuring maximum privacy in both rooms. The second bathroom (guest) features a tub-shower combination is located between the second bedroom and office. The office/den features French doors. Other great features are the amenities that can be found at the exclusive Rivercrest Community Center. They include access to the community pool and cabanas. There are also Tennis courts, fitness trails, fishing, fire pits and much more! Also conveniently located to Tampa International Airport, shopping, sports and of course the infamous Gulfcoast beaches. Why wait, come see what your lifestyle could be. This home is waiting for your personal touches.
You may be able to put down less than the total down payment amount of $0 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #a4582071