15220 CATBIRD RD, Brooksville, FL 34614
*Back on Market* Buyers financing fell through - Exquisite 2018 Craftsman Home on Half-Acre Haven Nestled on a tranquil road, this stunning residence boasts almost 3,000 square feet of modern living. A gorgeous home with 4 spacious bedrooms and 3.5 well-appointed bathrooms, and 2-car garage, this property presents an enviable lifestyle for those seeking space, comfort, and elegance. Step into an inviting main floor featuring an open concept kitchen and family room — the heart of the home — where luxury vinyl plank and tile flooring weaves throughout. Entertain guests in the formal dining room or enjoy casual meals at the kitchen's generous island. The first floor also features a versatile flex space perfect for a home office or playroom, alongside a convenient half bathroom. Ascend to an upstairs sanctuary where the expansive master suite awaits. A haven in itself, the huge master bedroom is complemented by a walk-in closet and an exquisite ensuite master bathroom. Dual vanities, a separate soaking tub, and stand-alone shower, paired with a private water closet, spell indulgence. Three additional bedrooms radiate from a central loft area - each offering ample space and comfort. Two additional bathrooms along with a conveniently located laundry room, ensures that form and function coexist harmoniously (one of the bedrooms features an ensuite bathroom that could be a second master). The allure of this home extends to its outdoor living - an above ground pool set within a generous backyard invites summers full of laughter and memories. NO HOA or deed restrictions - bring the 4 wheelers, RV, boat, and have plenty of space for it all! This home isn’t just a must-see, it’s a must-have.
You may be able to put down less than the total down payment amount of $232,646 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: #w7863509