12001 DARWIN AVE, New Port Richey, FL 34654
PRICE REDUCTION!!!! This stunning 3-bedroom, 2-bathroom, 1-car garage residence is the epitome of modern comfort and elegance. Located in a serene neighborhood close to everything you desire, including the radiant Suncoast, top-rated schools, delectable dining spots, and premier shopping destinations, this home offers the perfect blend of convenience and tranquility. As you step onto the meticulously maintained front yard, you'll immediately appreciate the beauty and charm of this fully fenced property. A convenient front yard sprinkler system ensures your lawn stays lush and vibrant all year round, while the screened-in porch provides a serene space to relax and unwind. With no rear neighbors, enjoy unparalleled privacy and serenity in your own oasis. The addition of a trash shed ensures your outdoor space remains tidy and organized, further enhancing the allure of this immaculate property. Step inside to discover a world of refined luxury and contemporary design. Adorned with luxurious Luxury Vinyl Plank flooring, brand new carpets in all bedrooms, and a freshly painted interior, every corner of this home exudes sophistication and style. The heart of the home, the kitchen, is a chef's delight, featuring subway tile flooring, gleaming granite countertops with a stylish backsplash, and newer top-of-the-line stainless steel appliances. Whether you're hosting a dinner party or preparing a gourmet meal for your loved ones, this kitchen is sure to impress. Convenience meets functionality with the garage equipped with a washer and dryer, making laundry a breeze. Retreat to the master bathroom, where a modern walk-in shower with teak seating awaits, offering a luxurious escape after a long day. Experience the peace and tranquility of this charming neighborhood, with easy access to excellent schools, enticing restaurants, and bustling shopping centers, all just moments away.
You may be able to put down less than the total down payment amount of $55,242 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: #u8242208