163 Crepe Myrtle Dr, Groveland, FL 34736
3 beds · 3 baths · 2,316 sqft
Discover your next chapter in the serene, resort-style 55+ community of Trilogy! This beautifully maintained, move-in-ready home offers a blend of comfort, style, and convenience designed to elevate your lifestyle. Set on a prime corner lot with impeccable landscaping, this home shines with curb appeal, all effortlessly maintained by the HOA. Step inside to find a spacious primary suite. The versatile bonus room offers endless possibilities—use it as a home office, hobby space, or guest area. For easy entertaining, the expansive lanai is perfect for gathering with friends and family. Plus, you’ll have peace of mind knowing that recent upgrades, including a new roof and air conditioner in 2023 and a new washer and dryer in 2020, will keep maintenance costs low for years to come. Conveniently located near the resident-only entrance, this home provides quick access in and out of the community, so you can make the most of your time. As a Trilogy resident, you’ll enjoy an exceptional array of amenities, from fitness centers and dance studios to tennis and pickleball courts, as well as a golf simulator and resort-style pool. For those seeking relaxation, there’s an art studio, billiards room, and a dog park. Socialize with neighbors at the on-site restaurant and bar, or unwind at the 24/7 staffed guardhouse knowing security is prioritized. This home is a perfect blend of low-maintenance living, active amenities, and community connections. Experience all that Trilogy has to offer!
Source: STELLAR #o6221675
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6221675
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 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: #o6221675
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.