145 Pine St, Homosassa, FL 34446
3 beds · 2 baths · 2,310 sqft
Welcome home to this GORGEOUS home in Sugarmill Woods with so many features! Boasting 3 bedrooms, 2 bathrooms with a 3 car garage, this one is a great fit to many and welcoming to all! As you enter the home, you're greeted by a tasteful splash of blue from your front door and a very spacious living room and formal dining area with stunning travertine flooring and crown molding throughout your living space with pocket sliding glass doors leading you to your extravagant and spacious pool with a very large lanai area for relaxing outside! Relax by the pool on a summer day with the sound of your rock waterfall, to make you feel like you're at a pool resort! Heading back inside, your living room leads right into the kitchen with your very unique tile countertops and open concept to another eating space that can be used as a breakfast nook, separate dining for gatherings, or you can even use the front space as an office! This home also features a separate living space right off the kitchen, perfect for a movie night or as a flex or game room! Your spare bedrooms are a generous size both sharing a spacious guest bathroom! Across the home is your primary suite, with a great sized bedroom and sliders leading out to your pool, perfect for waking up and taking a dip in the pool to start your day! It also features two spacious closets and dual vanities in the bathroom, great for storage and getting ready for a night out. This one is READY TO GO! With a new roof (2024) and newer A/C (2019), this home is also fully equipped with a home security system! All you need is your toothbrush and you can move right in! Located close to shops, beaches and dining, this one is a gem for all!
Source: STELLAR #W7871971
Financials
Source: STELLAR #W7871971
Source: Public records
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%. 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.
Other resourcesWhat 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.