11420 HEXAM RD, Weeki Wachee, FL 34613
THE POSSIBILITIES ARE ENDLESS!! Step into your own private retreat with this recently remodeled 2 story home with breathtaking features! Upon entering, you're greeted by a gated entrance, with a long driveway, bringing you through the trees and beautiful landscape and scenery this home has to offer, and check out that beautiful curb appeal! Walking into the home you'll feel at home, with high ceilings featuring crown molding, an open kitchen, and a beautiful fireplace, this is a perfect fit for family gatherings or entertaining. Enjoy preparing food in your newly renovated open kitchen area with a spacious island and countertops you'll never get sick of preparing food on! Step right outside to your backyard and check out all of that space! With 4 bedrooms and 3 bathrooms, this home has so many possibilities! Your primary bedroom is located upstairs as well as another bedroom, perfect for an office space, another bedroom, or a flex room. This home also features an in law suite right off of the kitchen with it's own bathroom! Enjoy the beautiful scenery of your front yard with the beautiful balcony out front, or another one off of your primary bathroom in the backyard, perfect for enjoying the landscape with a nice cup of coffee or grilling overlooking your property. Situated on 4.3 acres, you have more than plenty of room for toys and animals, and no shortage of storage with a HUGE 30x45 building that was recently built out back, as well as an attached workshop area as well, perfect for your projects! With trees all over your property, you have SO MUCH PRIVACY and a fully fenced in yard! Come see what Florida living is all about with this absolutely stunning home!
You may be able to put down less than the total down payment amount of $294,106 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: #w7865478