18707 Yocam Ave, Lutz, FL 33549
3 beds · 2 baths · 1,596 sqft
This charming and fully remodeled home is truly a gem, boasting curb appeal and trendy, stylish design at every turn. Situated on a cul-de-sac street, no rear neighbors, with a canal in the backyard that connects to the expansive 29-acre SKI Lake Keene, this property offers limitless opportunity. Additionally, there are NO HOA fees and NO CDD restrictions! As you step inside, you're greeted by luxury floors that seamlessly flow throughout the home, enhancing its spacious and bright ambiance. The kitchen is a dream for entertainers, featuring high-end solid wood cabinets paired with quartz countertops and a sleek backsplash. Whether you're whipping up a culinary masterpiece or hosting guests, this kitchen is sure to impress. The living room is designed with functionality in mind, allowing you to stay involved with everyone in the home while still enjoying a cozy and warm atmosphere with natural light pouring in throughout all the windows. Additionally, there's a family room complete with a real fireplace, perfect for gatherings or simply relaxing on chilly evenings. On the other side of the home, you'll find three full-size bedrooms, each exuding comfort and tranquility. The guest bathroom continues the theme of relaxation with calming tones reminiscent of a spa retreat. The primary bathroom is a standout feature, boasting modern finishes and touches that elevate your daily routine into a luxurious experience. Venture outside, the backyard offers plenty of space seeking relaxion and tranquility or if you want to and unleash your creativity. With a large patio providing shelter from the elements and unlimited versatility you can unwind outdoors year-round. Not only does this home create a stunning aesthetics, but it also boasts practical updates, including a 2016 roof, 2013 AC unit, and a 2021 water heater. With these features in place, you can move in and start enjoying your new home with peace of mind. Schedule a viewing soon while this property is available.
Source: STELLAR #tb8304594
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8304594
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: #tb8304594
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.