1823 TWILIGHT TIDES ST, Tarpon Springs, FL 34689
Short Sale. Short Sale. Priced to sell. Welcome to your future retreat! This spacious 4-bedroom, 4-bathroom home is a short sale opportunity, offering a unique chance to create your dream living space. Please note that three windows are broken and the sliding door has been spray painted; the seller will not replace nor do any repairs. Experience tranquility as you step onto the oversized balcony, offering a picturesque view of nature. Positioned on a corner lot with no rear neighbors and only one adjacent property, privacy is assured. Featuring high ceilings and an abundance of natural light, this home welcomes you with a thoughtfully designed split floor plan. On the main level, the primary bedroom awaits, complete with ample walk- in closets. Also on this level are a secondary bedroom, family room, living room, dining room, and a kitchen. Descending to the lower level, discover another primary bedroom retreat with its own walk-in closets, alongside a fourth bedroom, laundry room, and an expansive living area. Comfort is guaranteed with split A/C units for each floor, replaced in 2020 for the first-floor units. Additional updates include windows replaced throughout the house except the front window and sliding doors in the basement, completed in November 2020. Gutters were also installed in 2019. Nestled in a tranquil neighborhood with minimal HOA fees, this residence offers the perfect canvas for your vision. With a little care and attention to minor cosmetic details, this home has the potential to be truly remarkable. Beyond its confines lie the allure of nearby beaches, downtown Tarpon Springs, and the renowned Sponge Docks. Don't miss the opportunity to make this house your own. Schedule a viewing today and envision the possibilities of luxurious living within reach. Please allow up to 72 hours for third-party approval and a minimum of 45 days for closing.
You may be able to put down less than the total down payment amount of $0 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: #u8236025