12519 Fairwinds Rd, Hudson, FL 34669
4 beds · 3 baths · 2,728 sqft
HUGE PRICE REDUCTION! High and Dry! Country living at its best! Welcome to your dream home in Hudson, Florida! This stunning two-story residence offers 4 bedrooms, 2 and a half bathrooms, and so much more! Step inside and be greeted by the charm of a rustic sunken living room with wood burning fireplace, creating a cozy and inviting atmosphere. The updated kitchen offers so much counter space and great appliances for those large family gatherings. Upstairs, discover the primary suite, a private oasis offering tranquility and seclusion. Adjacent to the primary suite, you'll find a large bonus room, perfect for a home office, entertainment area, private reading room, whatever you can dream, it can be! The primary bathroom has been upgraded to a relaxing retreat! With modern fixtures, luxurious finishes, and ample space, it's the epitome of elegance and comfort with a bonus room for an office, etc. This beautiful home is situated on a sprawling 2-acre lot, this property provides the utmost privacy, surrounded by nature's beauty. Whether you desire peace and quiet or love hosting gatherings, this expansive lot offers endless possibilities all while being close enough to everything you need. Just outside is a great open pool area that invites you to soak up the sun and enjoy time alone or create beautiful family memories! There is NO FLOOD INSURANCE REQUIRED! Also included is an RV hookup, so your friends and family can enjoy privacy in their own space. This property offers two separate meters, which gives you an option to improve upon the second structure to make an in-law suite. Recent updates include: Two A/C's – 2019, the third in 2015, Water Heater 2020, Roof 2019, Master Bed Windows 2019, NEW Paint throughout, Septic pumped in 2021.
Source: STELLAR #w7867017
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7867017
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: #w7867017
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.