12833 Palapa Loop, Spring Hill, FL 34610
3 beds · 2 baths · 1,971 sqft
Welcome to your slice of paradise in the coveted community of Talavera! Step into luxury and tranquility with this exquisite 3-bedroom, 2-bathroom haven, where every detail has been crafted with care and elegance. As you enter, be greeted by an open floor plan that seamlessly merges the spacious living room with a gourmet kitchen fit for a culinary connoisseur. Under cabinet lights and LEDs beneath the island illuminate your culinary creations, while ample cabinet space in the laundry room ensures organization is effortless. Unwind in the primary bedroom retreat, featuring a large walk-in closet and an en-suite bathroom boasting his and her vanities and a spacious shower. Every corner of this home exudes comfort and luxury. Entertain in style in the bonus room overlooking the front yard, or retreat to the living room adorned with a graceful tray ceiling. With 8-foot doors all throughout the home, open the tall sliding glass doors and step onto the covered lanai, where cafe lights twinkle overhead, creating the perfect ambiance for alfresco dining or evening relaxation. Outside, discover a fully-fenced backyard adorned with motion-sensor solar lights, offering privacy and security. Rain gutters adorn the exterior, adding both practicality and charm to this exquisite abode. Indulge in the community amenities Talavera has to offer, from the resort-style pool to the playground, basketball courts, tennis courts, and splash pad. Located just north of Tampa, with easy access to major highways and interstates, enjoy the perks of Tampa Bay living while reveling in the peace and serenity of your own little paradise. Don't miss the opportunity to make this dream home yours! Schedule a viewing today and step into the luxurious lifestyle you deserve in Talavera.
Source: STELLAR #t3526932
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3526932
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: #t3526932
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.