11814 Colyar Ln, Parrish, FL 34219
4 beds · 2 baths · 1,570 sqft
One or more photo(s) has been virtually staged. ***Buyers financing fell through, not inspection related.*** Discover the epitome of Parrish, FL living in this 4-bedroom, 2-bath home nestled within the coveted Kingsfield community. Stepping inside, you're immediately greeted by an open floor plan and a vaulted ceiling with a water view out to the back pond. The kitchen showcases ample countertop room and storage with pantry and kitchen nook. The thoughtfully designed layout includes four spacious bedrooms, providing ample accommodation for family, guests, or a dedicated home office space. The common area living flows seamlessly with wood laminate flooring, adorned with an abundance of natural light that filters throughout the living room, formal dining, and common areas. With the recent updates to the brand NEW ROOF and gutters, comfort and peace can be at mind. One of the standout features of this residence is the outdoor patio with water views. The .20 acre lot offers backdoor scenery of ducks and wildlife that come and go. Moreover, being just up the street from the community pool provides additional recreation and leisure right at your doorstep. The home is located out of a special flood plain, so no worries about having to carry a flood insurance policy, however, you are just up the road from the Manatee River and Ft. Hamer Bridge public boat ramp where you can enjoy a day or weekend out on the water, or have direct boating access to and from the Intracoastal waters of the Gulf of Mexico. The charming neighborhood of Kingsfield offers a serene ambiance while being just a stone's throw away from essential amenities, great schools, shopping, and dining options. Seize the chance to own this remarkable residence and embark on a new chapter of elevated living.
Source: STELLAR #a4628685
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4628685
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: #a4628685
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.