12784 137th Ln, Largo, FL 33774
2 beds · 2 baths · 1,302 sqft
Fabulous, remodeled Block Home minutes from Indian Rocks Beach in the wonderful neighborhood of Grove Lake Manor. Featuring a wonderful elevation situated on almost 1/4 acre of property, this 2-bedroom, 2 Full Bath home has a well-appointed floor plan with lots of natural light and neutral colors. Engineered hard wood floors adorn the main living areas and updated tile plank is in the kitchen. Additional upgrades include Double Pane Windows and Hurricane Shutters, (this can reduce your homes owner's insurance.) Once inside your greeted with the warm and inviting living room which connects to the dining room and opens to the kitchen. The kitchen has been tastefully remodeled with stainless steel appliances, granite countertops and soft close cabinets. A Reverse Osmosis Water Filter was added in the kitchen to bring you the best tasting healthiest water. Adjacent to the dining room is the family room which brings the outdoors in with all of the windows and sliding glass door. Enjoy the cool Florida breezes on your enclosed screened in Lanai. The backyard Gazebo and completely fenced in yard adds ambiance, privacy and tranquility, while the storage shed can help keep you organized. There is plenty of room in the backyard to add a pool. Both bedrooms are spacious with ample closet space. A/C was replaced in 2019.Hot Water Heater replaced in 2023. Indian Rocks Beach is minutes away! A variety of shopping, restaurants, entertainment and hospitals are nearby. Pride in ownership shows in this extremely well-maintained home. Remodeled and upgraded to perfection. All you to do is unpack and enjoy! Welcome Home!
Source: STELLAR #tb8306196
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8306196
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 30-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: #tb8306196
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.