13182 72nd Ter, Seminole, FL 33776
3 beds · 2 baths · 1,725 sqft
This home offers so much more than a house --- first its located in the highly sought after subdivision of Harbor View. Why so popular? Five minutes to the sands of the Gulf of Mexico; located in one of the best school districts in the county; 1 mile to the entrance of Boca Ciega Millennium Park which an area for kayak launch and also features a look out tower that allows you to view the beautiful intercoastal waterway providing views of breathtaking sunsets daily; 2 miles to the Pinellas Trail which provides a walking/jogging/skating/biking trail that runs the length of Pinellas County (75 mile loop) and, while located in a flood zone, home has not been required to carry flood insurance due to the elevation of the home (needs to be confirmed with your specific lender). This re-imagined home has been renovated to provide an updated modern look. The look includes new waterproof laminate flooring with contrasting 5.25" baseboards, new kitchen appliance set to include an air-fry oven and wine-fridge along with new cabinets and granite countertops, newly re-tiled bathrooms which feature new vanities, light fixtures and mirrors, and an extensive outdoor living space that becomes a covered playground that accomodates all of a family's activities (game area, work out area, secluded sitting area). The interior structure of the home features a balcony that overlooks the great room, cathedral ceilings in the great room and upstairs master bedroom. An optional second master suite has been designed for the main floor of the home. There is a two story (floor to ceiling) electric fireplace faced with ledger rock in the the great room. The backyard provides a tropical paradise that surrounds the large pool and maintenance free trex decking located on the stairways and decks. The roof was done in 2018; AC was 2018; new water heater is on site and set to be installed first week of January. SOLAR PANELS - installed in 2022 and the $57K cost has been paid off in full. The location of the home is ideal - 1.5 miles to the sands of the Gulf of Mexico, 1.0 mile to the beautiful Boca Millenium Park which provides , 2 miles to the Pinellas Trail that provides a biking/walking/jogging trail from the southern to northern tip of Pinellas County, 3 miles to Seminole Town Center providing a multitude of eateries and shopping options.
Source: STELLAR #tb8332308
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8332308
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.
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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: #tb8332308
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