11735 FENNEMORE WAY, Parrish, FL 34219
Tucked away in a highly desirable gated community with outstanding amenities and visual beauty from the landscaping and lakes is this wonderful home sitting on a fantastic oversized lot which offers you privacy and beautiful treed lake views to enjoy from your extended lanai EVERY SINGLE DAY. Open floor plan with 3 bedrooms and a Den/Office (check out the room sizes!) offers a spacious living area, generous counter space in the kitchen as well as a breakfast room and separate dining room. Guest bedrooms and bath have a wonderful barn door that offers privacy for the guest wing. Extended garage fits a full size pick up truck! There are also 6 huge storage racks in the garage. Energy efficient features are the radiant barrier insulation and double pane windows. The interior and exterior of this home was professionally painted within the last three years. Some of the latest updates include a new hot water tank 2022, new Air Conditioner in 2022, washing machine, dryer, dishwasher, ceiling fans, and carpet 2024. See the full list of updates attached. Forest Creek offers many amenities including a recreational center with a 24/7 fitness room, resort-style heated swimming pool and spa, children’s playground, 2 dog parks, basketball court, walking trails and Summer Lake- an 18-acre oasis with a fishing pier and observation gazebo. A wonderful place to enjoy kayaking and canoeing! Great shopping is just minutes away that includes Ellenton Outlet Mall, Creekside Commons which has 30 stores and restaurants including Home Goods and Aldi. Convenient to 1-75, St Petersburg, Lakewood Ranch, Ft Hamer bridge, and the new Parrish community park. Don’t miss another gorgeous sunset over the lake! Come see the next place you’ll call home today!
You may be able to put down less than the total down payment amount of $218,464 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: #a4623209