1747 THAMES ST, Clearwater, FL 33755
One or more photo(s) has been virtually staged. NO FLOOD ZONE!!! HUGE PRICE ADJUSTMENT FOR QUICK SALE. 5 BEDROOM 3 BATH SOLAR HOME IS READY FOR THAT EXTRA LARGE FAMILY OR HOME BUSINESS. NO DEED OR RENTAL RESTRICTIONS, WHICH MAKES THIS A PERFECT SHORT TERM RENTAL PROPERTY. WITH 2152 SQ FEET THIS HOME HAS IT ALL. BEAUTIFUL OPEN FLOOR PLAN WITH NEW GOURMET KITCHEN INCLUDING TOP OF THE LINE APPLIANCES, WINE REFRIGERATOR, SOFT CLOSE CABINETS, COFFEE BAR, RECESSED LIGHTING THROUGHOUT AND CROWN MOLDING. KITCHEN HAS BEAUTIFUL UPGRADED GRANITE. INDOOR LAUNDRY/PANTRY THAT ALSO BOASTS GRANITE AND PLENTY OF STORAGE SPACE. NEW HVAC HAS A 10 YEAR WARRANTY THAT NEW BUYER WILL GET. HOT WATER HEATER IS ALSO NEW. THIS HOUSE HAS BEAUTIFUL VINYL PLANKING THROUGH OUT. NEW FAUX BLINDS WINDOW TREATMENTS, FRESH PAINT INSIDE AND OUT. THE BACK 4TH BEDROOM HAS SEPARATE ENTRANCE FOR POSSIBLE IN-LAW OR BUSINESS ENTRANCE. STILL NOT ENOUGH?? THIS HOME COMES WITH SOLAR PANELS (SEE ATTACHMENTS FOR SPECS) JUST THINK OF THE $1000'S YOU'LL SAVE ON ELECTRIC BILLS. LOCATED WITHIN A DESIRABLE AREA JUST 10 MINUTES FROM THE HEART OF DOWNTOWN CLEARWATER AND HONEYMOON ISLAND WHICH IS FLORIDA'S TOP STATE PARK IN DUNEDIN. CALADESI ISLAND ALSO MINUTES AWAY IS KNOWN FOR ITS CLEAN, QUIET, PERFECT SAND AND WATER. DON'T MISS EVERY SATURDAY MORNING IN DUNEDIN A FARMER'S MARKET, BREWERY AND MARINA. THIS IS A RARE FIND...5 BEDROOMS 3 BATHS WITH SOLAR...READY TO MOVE IN. PLEASE COME SEE THIS BEAUTIFUL HOME BEFORE IT IS GONE!
You may be able to put down less than the total down payment amount of $223,080 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: #tb8301387