11723 Tempest Harbor Loop, Venice, FL 34292
4 beds · 3 baths · 1,872 sqft
Welcome to your coastal home! Nestled in the serene community of Stoneybrook of Venice, this property offers the perfect blend of comfort and Florida charm. Step inside this tastefully decorated home and be greeted by an abundance of natural light, showing off the versatile & open floor plan. With 4 bedrooms, 3 bathrooms, there's ample space for both relaxation and entertaining. Enjoy your morning coffee in the cozy breakfast nook or dine al fresco on the screened lanai overlooking the back yard, After a day of soaking up the sun on Venice Beach or exploring the vibrant downtown area, retreat to the luxurious master suite featuring a spa-like ensuite bathroom with dual sinks, a soaking tub, and a walk-in shower. Three additional bedrooms provide plenty of space for guests or a home office. This home boasts features that enhance both comfort and peace of mind, including being located in a non-flood zone and connected to public water and sewer. Enjoy the convenience and luxury of gated/guarded entry, a resort-style pool, a fitness center, a clubhouse, tennis courts, sand volleyball, and pickleball groups, all within the community. Conveniently located near I-75, downtown Venice, top-rated beautiful beaches, Cool Today Park, nature preserves, and trails. This home offers easy access to everything you need for the perfect Florida lifestyle. Plus, with low association fees, you can enjoy all these amenities without breaking the bank.
Source: STELLAR #a4608757
Source: STELLAR #a4608757
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: #a4608757
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.