16413 Bloom Ct, Groveland, FL 34736
4 beds · 3 baths · 2,132 sqft
Under contract-accepting backup offers. Welcome to this modern & meticulously maintained 4 Bed, 2.5 Bath family home sitting on .24 (~1/4 acre) in the serene Cherry Lake Landing community of Groveland, Florida! Built in 2018, more than 2,000 square feet of living space situated on a lot that grants a view of greenery as far as the eye can see. Step inside the front room which can be used as an office, living room or formal dining room with natural light flooding the space from the giant picture windows. At the heart of the home is the well-appointed kitchen lit with recessed lighting bringing attention to the gorgeous rich cabinets, granite countertops, kitchen island with outlets, all stainless steel appliances, a separate coffee bar counter-space, and a generously sized pantry! The open concept creates an effortless flow to the living room space with plenty of natural light. Completing the downstairs is a small hall off the kitchen connecting the space to the 2-car attached garage & a convenient half bathroom. Upstairs, owners can escape to their expansive primary bedroom with two walk-in closets and a private en-suite bathroom with a large vanity space with ample cabinet storage space, and a large glass, walk-in shower, providing a tranquil retreat. Three generously sized bedrooms offer versatility for family, guests, or home office needs and they share a full bathroom with ample vanity space and bath shower duo. A full laundry room space equipped with built-in shelves completes the upstairs. From the living room, step out of the large sliding glass doors into the enormous backyard space. This peaceful neighborhood feels like a secluded paradise. This beautiful home is an excellent opportunity for those seeking a modern, well-maintained property in a desirable location with convenient access to local schools, parks, and major highways ensuring easy travel to nearby cities and attractions. Don’t miss out - Schedule a showing today!
Source: STELLAR #O6282374
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #O6282374
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.