12840 LONGCREST DR, Riverview, FL 33579
One or more photo(s) has been virtually staged. **Luxury Redefined in Riverview, FL** Step inside your dream home where luxury and comfort converge in this meticulously designed two-story residence spanning 2,544 square feet of exquisite living space. Every detail has been selected to create a haven of tranquility, perfect for forging precious family moments and creating unforgettable memories. Recent upgrades elevate the appeal of this exceptional property, including new carpet on the second floor. The kitchen and bathrooms feature newly refinished epoxy countertops, known for their durability and resistance to impact, scratches, moisture, and heat, ensuring long-lasting beauty and functionality. A sleek new kitchen sink. New wine cabinet or coffee station The interiors have been freshly painted to rejuvenate the ambiance, complemented by recent air conditioning maintenance (April 6, 2024), ensuring year-round comfort. A new roof installed in 2023 provides durability and peace of mind. The main level welcomes you with a large, open-concept living area bathed in natural light, enhanced by ceramic tile flooring and elegant design elements. Entertain guests effortlessly in the updated kitchen, equipped with modern amenities and stunning countertops that are easy to clean. Sliding doors lead to a spacious backyard oasis, ideal for al fresco dining and relaxing. Upstairs, retreat to a spacious master suite with a private bath, along with two well-appointed bedrooms and a versatile loft area, perfect for a game room or TV room. Built in 2003, this home exemplifies superior craftsmanship with numerous upgrades that enhance its appeal. Residents enjoy access to a community pool and a safe, family-friendly neighborhood. Conveniently located near schools, parks, hospitals, golf courses, shopping, restaurants, and major highways including I-75, this residence offers convenience and serenity. Riverview is renowned for its appealing lifestyle, making this property highly sought after. Don't miss your chance to make this exceptional home yours. Schedule a showing today and find out why this dream home won't stay on the market for long. Your future home awaits!
You may be able to put down less than the total down payment amount of $167,654 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: #t3498685