1924 Nursery Rd, Clearwater, FL 33764
3 beds · 2 baths · 2,217 sqft
NEW EXCITING PRICE!!! Enthusiasts of fun, here's the one -Bring your Toys-Boats, RV’s, Quads, Jet-Skis! There’s plenty of space on this oversized corner lot located in Clearwater's sought-after Douglas Manor Estates. 1924 Nursery Road offers over 2,200 living square footage with 3 amazingly sized bedrooms and 2 recently renovated full bathrooms. The large kitchen boasts granite countertops and stainless steel appliances. The oversized primary bedroom is located on the first level of this modern mid-century home with a wood burning fireplace and newer double pane windows. The other two bedrooms on the second floor are larger than most guest bedrooms you have come across on your home search and the storage space in both bedrooms is unbelievable! Hallway on the 2nd floor offers a laundry chute to the laundry closet on the first floor across from the bathroom. When you enter the home to the left, you will find the entrance to an oversized mudroom that can be used for storage as it is climate controlled. Beyond this space a door will lead you to the one car garage and an access door to the fully fenced-in back yard. The large outdoor covered patio space will offer a relaxing space for your morning coffee or your wind down with some quiet time after work. The large driveway is conveniently accessible off Fairfield. Double-swing gate to the left of the carport makes it easy and simple to get your RV or boats into the yard. More great news: No HOA here and no need for flood insurance in this non-flood, non-evacuation zone. *Roof is 2021* AC is 2017* Windows are double pane and newer*Septic Tank was inspected, cleaned and serviced in 2021. Two minutes from Eagle Lake Park with over 160 acres of nature, dog parks, picnic shelters and a playground. 10 minute drive to the world renowned Clearwater Beach, restaurants, shopping, nightlife and so much more. And 20-minute drive to Tampa International Airport. Whether this home is for you or you are considering a short term rental for an investment, other homes locally have shared tremendous numbers for short term rental potential. Make your appointment today to not miss out on this amazingly centrally located community.
Source: STELLAR #TB8360752
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: STELLAR #TB8360752
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “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.
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 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.
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