12730 AQUAMARINE AVE, Bradenton, FL 34211
Check out this rarely available "Honor" floorplan situated on a partial lake view! This move In ready 3 bedroom, 2.5 bath with large study/den and OVERSIZED tandem garage has been handled with care. This 2021 constructed home provides hurricane protection over all glass windows plus up to date building standards to enable the best property insurance rates. Throughout the home you will find 5 1/4" deco baseboards, LED recessed lighting, 16-seer rated TRANE HVAC, whole home security system, ''Culligan'' whole home water filtration system with reverse osmosis and much more! This home also comes with ''Sunnova Solar'' solar panels that can cut your electric bill In half or even more! The kitchen boasts a large Island with breakfast bar, natural gas stove, stainless steel appliances and LED lighting underneath the shaker cabinets that compliment the granite countertops. The living room showcases a spacious environment with more than enough room to entertain guests. The generous sized den/study has a stunning built-in bookshelf with cabinet storage. The primary bedroom and two guest bedrooms can be found on the second level along with loft space which can be used for a child's play area, an office etc. The laundry room can also be found upstairs which makes cleaning clothes very convenient. Open the large three paneled sliders and be amazed at the versatile oversized lanai with gorgeous partial views of the lake, custom ''Backyards N More'' kitchenette equipped with granite counters, stainless steel gas grill and griddle, perfect for those Florida BBQ's all year around! Indigo is an active community that features a full time on-site manager as well as a full time activities director that manages an extensive calendar of activities. A-Rated Gullett Elementary AND Mona Jain Middle School are right outside our gates too! You can also expect sidewalks on both sides of the street, resort style heated community pool/spa at the main clubhouse where you will find 5 cabanas with an abundance of seating, 4 pickleball courts, 2 bocce ball courts, 24-hour exercise gym, meeting room/banquet room and playground. Indigo is also a community that takes care of all ground maintenance to include mowing, fertilizing, irrigation, shrubs etc.
You may be able to put down less than the total down payment amount of $61,121 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: #a4609161
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.