164 ELINA SKY DR, Seffner, FL 33584
PRICE IMPROVEMENTS. MOTIVATED SELLER!!! ASSUMABLE VA LOAN FOR QUALIFIERS BUYERS, WITH A VERY LOW RATE.!!!This stunning two-story home at 164 Elina Sky Drive is a true masterpiece, boasting 5 BEDROOMS and 3.5 BATHROOMS, and a plethora of incredible features. The meticulously maintained property offers a spacious layout and an inviting atmosphere that captures your attention from the moment you step inside. The main floor hosts a private oasis with the master suite, providing a perfect retreat for relaxation after a long day. The open living areas on the first floor are bathed in natural light, showcasing stylish and durable luxury vinyl flooring that is both waterproof and scratch resistant. The well-designed kitchen is a chef's delight, featuring modern appliances, granite countertops, and an expanded walk-in pantry. Meal preparation becomes a joyous affair in this space. The first floor's open floor plan seamlessly connects the kitchen, dining area, and great room, creating a perfect environment for gatherings. French doors open onto the covered lanai, extending the living space outdoors and providing a seamless indoor-outdoor living experience. Upstairs, you'll find a spacious LOFT that offers versatility for various uses, allowing you to tailor it to your needs. The meticulous attention to detail is evident throughout the home, making it a true haven for those who appreciate quality craftsmanship. Situated in the desirable Seffner area, this home strikes a balance between suburban serenity and urban convenience. NO BACKYARD NEIGHBORS AND IN A CULDESAC. Easy access to I-4 ensures convenient travel, while nearby shopping, dining, and entertainment options add to the appeal. Additionally, the proximity to beaches enhances the overall lifestyle this home offers.!!! 1 YEAR HOME WARRANTY UP TO $500.00 WITH AMERICAN HOME SHIELDS!!! Don't miss the chance to own a piece of paradise at 164 Elina Sky Drive. Schedule a showing today to experience the magic of this meticulously crafted home. Prepare to be amazed by the harmonious blend of elegance, comfort, and convenience that awaits you.
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: #t3500510