116 Caladium Ct, Bradenton, FL 34212
5 beds · 4 baths · 3,229 sqft
Searching for the perfect family home? Located on a large corner lot, overlooking a pond, this 5 bedroom, 3 and 1/2 bath home has it all! The exterior was painted, the driveway was widened and a basketball hoop and pavers were added in 2021.Entering the home, you will find a spacious formal living and dining room area. Continuing through to the back of the home , a large family room with sliders overlooks the screened in patio and heated salt water pool with a new pool pump. (2023) The outside patio area is perfect for family get togethers, barbecues and pool parties! The kitchen showcases granite countertops, wood cabinets, a gas stove, stainless steel appliances, a huge walk in pantry and a breakfast nook. Wander upstairs to the loft area that could be an office area or an extra hang out spot for the kids. Plenty of space is available with 4 bedrooms AND a Primary suite. The suite has his and her closet spaces and the bathroom boasts double sinks (no sharing), a walk in shower and large tub to soak your stress away. The garage is spacious and the floor was redone with a polyaspartic coating in 2023. Hurricanes do happen here in Florida, but you have peace of mind since hurricane shutters are included for the entire home. In addition to all this, residents of Greyhawk Landing can enjoy 2 pools, 2 clubhouses, bike/ walking trails, tennis/basketball courts, soccer/baseball fields and 2 playgrounds. Close to shopping and restaurants, this location is ideal. Schedule your showing today!
Source: STELLAR #u8253577
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8253577
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: #u8253577
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.