12784 137th Ln, Largo, FL 33774
2 beds · 2 baths · 1,302 sqft 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 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.
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: #tb8306196