1921 24th Ave N, Saint Petersburg, FL 33713
2 beds · 2 baths · 1,156 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. Nestled on a deep .28-acre lot, this property boasts a massive, fully fenced yard, providing ample room for a pool, additional dwelling unit, or your dream outdoor oasis. This lot can also accommodate 2 new homes.* A standout feature is the oversized 2.5-car garage/workshop, ideal for hobbyists, DIY enthusiasts, or extra storage. Inside, the home offers a spacious and adaptable layout, featuring a living room, dining room, Florida room, two bedrooms, and two bathrooms, all complemented by the charm of original hardwood floors. The extended driveway and additional parking area provide plenty of room for an RV, boat, or multiple vehicles. Situated on a quiet dead-end road, this home offers exceptional privacy while maintaining quick and easy access to I-275, making commuting a breeze—downtown St. Pete is just one exit away! While the home does need updating, the potential is undeniable. Whether you choose to modernize the existing space or completely reimagine it with a custom rebuild, this property presents a rare opportunity in a prime location. Don’t miss out on the chance to create something truly special—schedule your private showing today!
Source: STELLAR #TB8368146
Source: STELLAR #TB8368146
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.