11420 Captiva Kay Dr, Riverview, FL 33569
2 beds · 2 baths · 1,334 sqft
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.
Source: STELLAR #A4582071
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: STELLAR #A4582071
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.