1800 Robinhood St, Sarasota, FL 34231
4 beds · 4 baths · 2,825 sqft
One or more photo(s) has been virtually staged. HUGE PRICE REDUCTION Motivated SELLER AND PRICED TO SELL best priced home West of the Trail located IN FLOOD ZONE X, NO DAMAGE TO THE HOUSE, FROM RECENT HURRICANES, CONCRETE BLOCK HOME! MOVE IN READY, Unleash the Dream: Discover Your New Haven in This Stunning 4-Bed, 4-Bath heated SALTWATER POOL Home with No HOA and not in Flood Zone.. Step into an exquisite lifestyle with this Amazing 2-Story Masterpiece! Your Journey begins on the Generous Front Porch, leading to the Breathtaking 20' Foyer. Get ready to be captivated by the Open Concept Floor Plan, boasting a Spacious Great Room, Open Dining Area, and an Island Kitchen with Upgraded Granite and Top-of-the-Line Appliances. Your Master Retreat awaits on the Ground Floor, complete with a Large Soaker Tub, Step-In Shower, Dual Vanities, and an Oversized Closet. An Additional Flex Room, Ideal for a Formal Dining Room, Den, or an Additional Bedroom, adds to the versatility of this Home. Climb the Beautiful Iron-Spindled Stairwell, Richly Stained Oak Treads, and Handrail, and be welcomed to the Upstairs Living/Bonus Room Accented with Wood Floors. Three Large Bedrooms, All with Walk-In Closets and Two Additional Baths, gracefully adjoin the Upstairs Living Area. Savor the Best of Both Worlds: West of the Trail (US 41), yet NOT in the Flood Zone. In just 10 Minutes, Experience the World-Famous, #1 Ranked Siesta Key Beaches, Downtown Sarasota, Sarasota Memorial Hospital, Shopping, Fine Dining at Flemings and Connors Steak Houses, and Walt's Fish Market. This Home is not just a Property; it's Your Gateway to the Top-Ranked Riverview High School District. Perfect for Personal Residence, Vacation Home, or as a Lucrative Investment Property! Book your appointment to view and present your offer!!
Source: STELLAR #a4609542
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4609542
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #a4609542
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.