163 Crepe Myrtle Dr, Groveland, FL 34736
3 beds · 3 baths · 2,316 sqft sqft
Beautifully maintained home in the quaint community of Trilogy. This move in ready home has been meticulously maintained and updated. To start out, the master suite conveniently has two closets. This home also boasts a bonus room for you to use as you like. The lanai is plenty large enough to entertain in as well. The recent upgrades should last for many years to come, reducing the cost of home ownership. They include a new roof in 2023, a new air conditioner in 2023, and a new washer/dryer in 2020. Curb appeal at its best. This corner lot home has beautiful landscaping, and as a bonus, it is maintained by the HOA. A hidden perk of the location of this home is that it is right next to the residents only entrance/exit, so no need to spend precious time driving through the community when you have somewhere you want to go. The perks of living in Trilogy are quite extensive. It is a resort style gated 55+ community with so much to do. If you feel like being active you can use the fitness centers, dance studio, golf simulator, pool, tennis courts, pickle ball courts, and more. If you feel like doing something a little more chill, Trilogy has an art studio, pool tables and dog park. But that’s not all. Trilogy also has an amazing restaurant and bar. Come check out this home and community to see all the other activities you can find. If safety is a priority, feel reassured because the community is not only gated, but the guardhouse is staffed 24/7. Check out this amazing home while you have the chance.
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.
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: #o6221675
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.