13642 ARTESA BELL DR, Riverview, FL 33579
One or more photo(s) has been virtually staged. Assumable VA loan with 3.25% rate. Preferred lender Joshua Goodwin with Goodwin Mortgage Group is giving a 1% credit of the loan amount capped at $5,000 towards buyers pre-paids and closing costs. Welcome home, to luxury living at it’s finest! This AMAZING four-bedroom, three full bath pool home with office, sits on a spacious corner lot in the midst of a meticulously maintained tropical oasis, located in the highly sought after Highlands – South Fork Community. Designed for entertaining, this beauty boasts nearly 3,500 square feet of living space. Upon entering the home, you’ll immediately be overwhelmed by cathedral ceilings, and the attention to detail from the Travertine stone with quarry tile mosaics to the art display insets. From the large open kitchen and family room, you’ll enjoy beautiful views and easy access to the oversized lanai and generous sized pool, while being protected by a new (2022) screened pool enclosure. Enjoy a night cap in your private hot tub (2022), surrounded by Royal Palms and conveniently covered and enclosed for privacy by a new gazebo (2022). The lanai is accessible from the family room, as well as the expansive master bedroom which provides an en suite with a recently updated (2022) wet room and custom vanity. Looking for extra space? Look no further! With a loft, and multiple options for office space upstairs or down, you’ll have no problem finding a place to be productive, or the gaming/entertaining space to relax. Equipped with a three-car garage, you’ll have room for the cars, toys, and even the stuff you should get rid of. Additional upgrades include kitchen backsplash, faucet, and hardware (2022), roof (2023), main AC (2022), and pool pump (2021). Outside of your own relaxing amenities at home, the South Fork III Community also provides a large community pool with covered seating and restrooms, basketball court, playground, and dog park. Conveniently located close to I-75, you’re just minutes from downtown Tampa, MacDill AFB, and some of the most popular beaches in the US, as well as being centrally located to schools, shops, and some of the best restaurants the area has to offer. Good things don’t last forever, and neither will this opportunity. CALL TODAY for a private showing and start living your dreams sooner rather than later!
You may be able to put down less than the total down payment amount of $222,871 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: #t3542535