12824 Settlers Dr, Hudson, FL 34667
3 beds · 3 baths · 1,732 sqft
Charming pool home! Rare find just 3.5 miles from Hudson Beach! Located on an X-Flood Zone, this 3 bedroom, 2.5 bathroom single family home, is the perfect place to call home. With many upgrades already done, the new owner will be able to enjoy vinyl flooring, a remodeled bathroom, new stairs, pop-corn removal from the ceiling from the first floor, and fresh interior paint throughout the house. But don't worry; there's still space for the buyer's personal touches and creativity. This property has the perfect combination of vintage and modern style! As you enter the property through the double doors, you will walk straight into the family room and the dining room area with a full view of the backyard and pool. The half bathroom is perfectly located by the entrance of the house. The kitchen is located to your left as you reach the sliding doors. The main bedroom is located downstairs and it has a remodeled bathroom with an elegant garden tub. Next to the kitchen, there's a cozy space connected to a courtyard. This is the perfect space for a game area, a reading room, an office, or a living room. Upstairs you will find an additional full bathroom with vintage tiles and two spacious bedrooms. The bedroom on the second floor, located to the left, has the air handler in the closet. But the room has plenty of space to add your own armoire or wardrobe if you need one. The SELLER IS OFFERING A $5,000 credit to the buyer for closing costs. The roof is approximately seven years old. It had some parts fixed recently. The HVAC is approximately six years old. The pool filter and pump are approximately two years old.
Source: STELLAR #tb8322391
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8322391
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: #tb8322391
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