2024 Crystal Lake Trl, Bradenton, FL 34211
2 beds · 2 baths · 1,439 sqft
Motivated seller! Huge price reduction! Low Priced Villa in Eagle Trace! No CDD fees! A Beautiful Gated Community conveniently located off SR 64, near I-75, in the East Bradenton/Lakewood Ranch corridor. This Beautifully Landscaped Immaculate 2-Bedroom, 2-Bath Villa is located on a semi-private cul-de-sac with an OVERSIZED BACKYARD view from the Screened-in Private Lanai. BRAND-NEW Luxury Vinyl Plank (LVP) Flooring throughout the Main living space (Living Room, Kitchen, Dining Room/Den). PLANTATION SHUTTERS on all Windows. A Beautifully appointed Bright Kitchen with a Kitchen Window, Wood Cabinets, Stainless Steel Appliances, Granite Countertops with BRAND-NEW Backsplash, a Large Island, and Pantry. CEILING FANS in Living Room, both Bedrooms, Den and Lanai. Master Bedroom equipped with Walk-in Closet and additional Closet; Master Bath equipped with Split Vanity Sinks and Large Walk-in Shower. The Second Bedroom is equipped with a Large Closet, and the Second Bath is equipped with a Tub/Shower combo. A Linen Closet is located near the Second Bath. Closeted Washer/Dryer unit. This Gated Community is equipped with a Resort-style Community Pool and Jacuzzi with Covered Seating/Grill Areas, Tennis Courts, a Playground, and a Dog Park. Nearby Shopping, Dining, Entertainment, Parks with Walking and Biking Trails, Hospitals, Schools, and Beautiful Gulf Beaches! A Beautiful Community to call HOME! Call for an appointment to see this Villa Today!
Source: STELLAR #a4593346
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4593346
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: #a4593346