1832 VIA LAGO DR, Lakeland, FL 33810
Welcome to this fabulous Smart Home located in the Mediterranean style gated community of Terra Largo with resort style amenities and lush landscaping providing the luxury, privacy, and security desired of its residents. This exquisite 4 bedroom, 3 bath, move in ready home featuring a triple split plan offers an array of desirable upgrades. At first glance notice the beautiful landscaped property with a large driveway, 3 car garage, and elegant pavers leading to the double entry doors of the home. As you step inside the foyer you are greeted by a stylish formal living and dining room featuring 10 foot ceilings and custom crown molding. Through the arched entry is a large great room, kitchen, and dinette area with sliding-glass doors leading to the rear screened enclosed lanai and fenced in backyard. The spacious kitchen shines with granite countertops and custom 42 inch cabinets with under cabinet lighting, stainless steel appliances, and closet pantry. The open-concept layout connects the kitchen, dinette, and family living area creating a perfect space for entertaining family and friends. This newly renovated home boasts new paint, engineered hardwood flooring, custom crown molding, 5¼ inch base boards, recessed LED lighting, and a multi-room pre-wired audio system with ceiling speakers. Fiber optic internet access relocated to main living area. The large Master Suite with his/her walk-in custom closets and spa like En-suite bathroom features dual vanities, a soaking tub and a separate walk in shower. The additional 3 bedrooms are generously sized with a 3 way split to provide maximum privacy and comfort for family members or guests. A versatile 4th bedroom could serve as a home office. The Laundry room has a utility sink, cabinetry for storage, and convenient garage access. Upstairs is a large bonus room providing space to use as a media room or playroom to meet your lifestyle needs. Additional features of this home include a wireless security smart home system with keyless entry, video security system with exterior cameras providing 24-hour recording, newly installed Hunter Control Box for the in-ground irrigation system, Culligan water softener (owned), NEST thermostat for A/C, and window blinds throughout. The Terra Largo community is where luxury meets leisure. Residents enjoy an array of amenities creating a resort-like atmosphere. The community clubhouse with its heated beach pool and charming playground is conveniently located nearby. Amenities also include a 24-hour fitness center equipped with state-of-the-art equipment, locker room with showers, outdoor tennis, basketball and pickle ball courts and BBQ pavilion to provide countless hours of outdoor recreational activities. This family friendly community is conveniently located near top rated schools and recreational facilities. Enjoy easy access to I-4 for a seamless commute to Tampa or Orlando. A variety of dining and shopping options are just a short drive away. Meticulously landscaped grounds and an abundance of upscale amenities mean this community offers an exceptional living experience where every day feels like a vacation. This elegant home’s functional design and location offers the perfect blend of comfort and sophistication of modern living. ...
You may be able to put down less than the total down payment amount of $267,906 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: #l4945361
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.