1409 15th Ave W, Bradenton, FL 34205
2 beds · 3 baths · 1,360 sqft
INVESTOR SPECIAL: This stunning two-story home in Bradenton, Florida is the perfect blend of modern amenities and classic art deco charm. Located just minutes away from downtown and the beautiful beaches of the Gulf Coast, this property appeals to all, offering a fantastic opportunity for Single Family, Airbnb hosting, or long-term rental. The possibilities are endless!! The highlight of this home is the luxurious 10-foot deep pool which has been Grandfathered in by the county, perfect for relaxing and entertaining on hot summer days. The pool area is surrounded by lush landscaping and features plenty of outside space for entertaining! Inside, the home boasts a spacious 1360 square-foot layout with two bedrooms and three bathrooms. The kitchen is outfitted with sleek granite countertops and modern appliances, making it a chef's dream. The solar panels on the roof provide energy efficiency and cost savings. Situated on a corner lot, this home offers plenty of privacy and outdoor space for enjoying the Florida sunshine. With its prime location near downtown, beaches, and restaurants, this property is sure to attract plenty of interest from potential renters or vacationers. Don't miss out on this incredible opportunity to own a piece of paradise in Bradenton. You don’t want to miss the opportunity!! **Roof 2019 passed 4 point (The roof shingles are in good serviceable condition) **Electrical Failed 4 Point (Page 40 Home inspection report on file) **Plumbing Failed 4 point (refer to home inspection for details) **HVAC 2019 ** Water Heater Newer ** Solar panels 2022 **Renovated 4 years ago ** deferred maintenance needs TLC Home inspection is in the MLS attachments. Proof of funds/Pre Approval required prior to tour.
Source: STELLAR #t3521957
Source: STELLAR #t3521957
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.
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: #t3521957
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.