12104 LEGACY BRIGHT ST, Riverview, FL 33578
Attention Vets! My VA Loan is transferable with a low interest rate. I offer Owner's Financing with 10% down-payment —text for more information. Excellent Location! This fantastic pool home is in the popular community of Park Creek in the heart of Riverview. This 4-bedroom, two 1/2-bathroom resort-style heated saltwater pool home is perfect for a family to enjoy year-round. The two-story house allows for entertainment and privacy. The moment you walk through the front door, it feels like your private resort home. The spacious kitchen has many cabinets, stainless steel top-of-the-line appliances, and an island perfect for bar-style eating. The kitchen opens to the living room and dining room. The spacious master suite faces the front of the home, provides privacy from the rest of the bedrooms, and has a large walk-in closet. It also features a double vanity, a separate shower, and a garden tub. This split floor plan features three other spacious bedrooms and a full second bathroom on the second floor. Life looks better underwater! Enjoy outdoor living all year long with a heated private saltwater pool thoroughly screened and a spa with powerful jets that will massage your body after a hard and stressful day. Relax and have a cup of coffee or tea in your completely paved backyard, where there could be a lot of sipping, grilling, and chilling while watching the little ones playing in the wooden swing set. Listen to the birds, relax, put your feet up with friends, watch the sunset, play catch, run through the sprinklers, or have endless possibilities. The Park Creek community features a park, walking trails, a pavilion, a resort-style pool, and a clubhouse for community activities. The rent includes Ultrafi cable and internet, lawn maintenance, weekly pool maintenance, pest control, ADT Security system, solar panels for a low energy bill, and community amenities. Centrally located with quick access to I-75, the Selmon Expressway, Clearwater, Siesta Keys, and many more beaches plus restaurants, shopping, Downtown Tampa, MacDill AFB, and much more.
You may be able to put down less than the total down payment amount of $212,335 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: #t3508508