1241 BASSWOOD DR, Holiday, FL 34690
Welcome to your charming single-family home located in the picturesque community of Holiday, Florida. This beautifully maintained residence combines comfort, style, and convenience, making it a perfect choice for those seeking a serene suburban lifestyle with direct water access. As you approach the property, you are greeted by a well-manicured front yard with lush green grass and mature palm trees, providing excellent curb appeal ensuring it stands out in the neighborhood. Upon entering, you are welcomed into a spacious and airy living area filled with natural light, thanks to large windows that provide beautiful views of the surrounding greenery. The living room is adorned with elegant flooring and modern light fixtures, creating a warm and inviting atmosphere ideal for both relaxation and entertaining. The stylish decor and neutral color palette provide a canvas for your personal touch. The kitchen is a highlight of this home, boasting sleek granite countertops, stainless steel appliances, and ample cabinetry. The contemporary design includes a mosaic tile backsplash and a large kitchen island with a built-in stove, making it perfect for meal preparation and casual dining. The adjacent dining area, with its contemporary barstools, offers a perfect spot for morning coffee or a quick meal. This home offers three generously sized bedrooms, each providing a peaceful retreat with plenty of natural light and ample closet space. The master suite is particularly impressive, offering a tranquil haven with stylish decor and a private, updated bathroom featuring contemporary fixtures. In addition to the master bathroom, there are two more modern bathrooms throughout the home, ensuring convenience and comfort for family and guests. One of the standout features of this property is the expansive backyard, a true boater's paradise. The large, private outdoor space includes lush landscaping and provides direct water access with a private dock, making it perfect for boating enthusiasts. Whether you enjoy fishing, kayaking, or taking a boat out to the Gulf of Mexico, this home offers unparalleled access to beautiful waterways and the Gulf. Additional features of this home include an attached one-car garage, offering secure parking and extra storage. Recent updates such as new flooring, fresh paint, and modern light fixtures throughout the home ensure that it is move-in ready. Central air conditioning and heating provide year-round comfort. Located in a friendly and quiet neighborhood this home is just minutes away from local schools, parks, shopping centers, and dining options. The proximity to major highways makes commuting convenient, allowing you to enjoy the best of both suburban tranquility and urban accessibility. This is more than just a house; it's a place where you can create lasting memories. Whether you're sipping your morning coffee on the charming front porch, enjoying the sunset in the beautifully landscaped backyard, or setting out for a day on the water from your private dock, this home offers the perfect setting for every occasion.
You may be able to put down less than the total down payment amount of $80,474 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: #u8252559
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.