14041 BASSINGTHORPE DR, Spring Hill, FL 34609
Welcome to this stunning CUSTOM BUILT HOME at Villages of Avalon, GATED Community! *Wheelchair accessible.* It features 3,229 sqft of living. 4-bedroom + office, 3-bathrooms home with a 3-car garage and a SOLAR HEATED POOL and SPA, featuring a stunning Diamond Bright finish! This incredible property welcomes you into the formal living and dining room with dual recessed ceilings adorned with triple crown molding and stunning engineered hardwood and bamboo flooring that extends throughout the home. Entertain with ease utilizing the separate eat-in breakfast nook situated off the impressive kitchen featuring granite countertops, stainless steel appliances, real wood cabinets with crown molding, built-in dual ovens (one being a convection oven) and large prep island. The kitchen is illuminated by recessed lighting and boasts a deep walk-in pantry for all your storage needs. Adjacent to the kitchen, the spacious 22x18 family room basks in natural light, highlighted by plantation blinds, high ceilings, and crown molding, offering direct access to the rear lanai through elegant French doors with blinds. Your comfort is paramount with thoughtful amenities such as dual walk-in closets (8x6 and 9x7) in the master suite, a split AC system in the garage for optimal climate control, and additional shelving in closets for ample storage. Additional features include a electric fireplace with accent columns. Enjoy the array of amenities at the Villages of Avalon, including a community pool and fitness center at the clubhouse. Shopping Center within minutes. Not convincing you to come check out this home, it speaks for itself. Book your showing today!
You may be able to put down less than the total down payment amount of $232,947 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: #t3550122