164 PERSHING ST, Bartow, FL 33830
Welcome to this stunning 4 bedroom, 2 bath newer construction home that is sure to impress! Step into this inviting home and be greeted by a spacious foyer that seamlessly opens to a dining room, kitchen and living room, creating a perfect flow for entertaining and everyday living. The foyer sets the tone for the rest of the home, offering a warm welcome to both residents and guests alike. As you move into the dining room, you'll find a space that is ideal for hosting gatherings and creating lasting memories with loved ones. The kitchen, just steps away, offers beautiful quartz countertops, modern stainless steel appliances, ample counter space, including a large island, a walk-in pantry, soft close cabinetry and drawers. The living room invites you to relax and unwind with its' cozy ambiance and plenty of natural light streaming in through the plantation shutters and sliding doors. Whether you are enjoying a quiet evening at home or hosting friends and family, this space is perfect for both relaxation and entertainment. The open layout of the foyer, dining room, kitchen, and living room creates a sense of connectivity and spaciousness, making it easy to move between these areas and allowing for seamless interaction with others. As you step into the primary bedroom, you will surely love the layout that was meticulously planned to optimize space and practicality. This room offers a sense of privacy and tranquility, thanks to the split floor plan. The ensuite includes a huge walk-in closet, ensuring your wardrobe stays organized and easily accessible. This closet allows for personalization to meet your specific preferences. The primary bathroom features dual sinks, beautiful quartz countertops, a walk in shower, and a water closet. The oversized guest bedroom in the home provides a welcoming haven for visitors, larger than most primary bedrooms. Along with the oversized guest bedroom, the home boasts two extra bedrooms and a shared guest bathroom. These additional bedrooms offer versatility for accommodating guest, family or creating personalized space like home offices or playrooms. The shared guest bathroom adds convenience for all three bedrooms. This charming home features a fenced-in backyard with a spacious patio slab, offering a versatile outdoor space for seating, grilling, and relaxing. The Sunnova solar panels installed in this home are a game-changer when it comes to energy efficiency and cost savings. The decision to purchase a home where you can lease the solar panels proves to be a smart investment. By opting for a lease agreement, the future homeowner can enjoy the benefits of solar energy without the upfront costs of purchasing and installing the panels.
You may be able to put down less than the total down payment amount of $99,840 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: #p4930896
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.