13721 Riada Way, Dade City, FL 33525
3 beds · 2 baths · 2,280 sqft sqft
SELLER WILLING TO CONTRIBUTE TO CLOSING COST/ RATE BUY DOWN. Welcome to your dream retreat in the prestigious Lynan Estates! This stunning home marries modern amenities with classic charm, all set on a sprawling 2.68-acre lot.Approaching the residence, you're greeted by the sleek exterior adorned with durable and energy-efficient foam-backed vinyl siding, promising years of aesthetic appeal and sustainability. What's more, the home stands firm on a robust foundation, courtesy of the installed Byrd Footer system, ensuring unmatched stability and peace of mind. As a testament to quality, full drywall with finished corners graces every corner of the interior.Stepping inside, you're enveloped in an inviting ambiance, thanks to the lofty 9-foot flat ceilings and upgraded crown and base throughout. These ceilings not only lend an airy feel but also bolster insulation efficiency, ensuring energy savings year-round. The open floor plan seamlessly connects living spaces, ideal for both entertaining and serene evenings at home.The home's construction boasts top-notch upgrades, with 2x6 exterior walls enhancing structural integrity. Coupled with upgraded insulation—R30 ceilings, R19 walls, and R11 floors—comfort and efficiency are guaranteed, no matter the season.In the gourmet kitchen, culinary endeavors are effortless, courtesy of high-end appliances including a Samsung French door refrigerator, an LG gas full convection range with griddle/air fryer, and an LG turbo steam dishwasher. Noteworthy features include soft-close cabinet doors, vinyl plank flooring throughout, and a 220v outlet behind the stove for future needs.Retreat to the spacious bedrooms, with installed ceiling fan boxes for added comfort. The luxurious master suite indulges with a large master bath with extra storage and oversized shower boasting a rain faucet for a spa-like experienceOutside, the expansive property invites endless outdoor enjoyment. Professional night scaping enhances the landscape, while a full irrigation system with rain sensor and low-emission features maintains the lush lawn year-round. For added convenience, a 50-amp RV plug sits at the end of the driveway, alongside exterior gutters with downspouts piped to the yard's edge. Additionally, a rear retaining wall with stairs ensures easy lawn access from the back deck. Welcome to Lynan Estates, a haven of luxury, comfort, and sophistication, offering a serene environment that is also boat and trailer friendly... Full Upgrade list available.SELLER WILLING TO CONTRIBUTE TO CLOSING COST/ RATE BUY DOWN.
Source: STELLAR #t3525392
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3525392
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: #t3525392
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.