215 HOLLOW OAK CT, Tarpon Springs, FL 34689
This home was appraised before listing to ensure accurate pricing. Welcome to 215 Hollow Oak Ct, a meticulously renovated gem nestled in the heart of Tarpon Springs, Florida. This exquisite home boasts top-of-the-line finishes and a lot that is .29 acres. Step inside to discover three spacious, fully updated bedrooms and two elegantly designed bathrooms, perfect home for both relaxation and entertaining. The highlight of this property is undoubtedly the inviting pool that's over 7ft deep & just resurfaced, brand new led light and all new tile, it's a true oasis where friends and family will love to gather. The home’s open floor plan spans 1,467 square feet of thoughtfully designed living space, ideal for hosting gatherings or simply enjoying the flow of everyday life. The chef’s kitchen is nothing short of a culinary dream, featuring an abundance of soft-close cabinetry with crown molding, a stylish new backsplash, stunning marble countertops, and brand-new, state-of-the-art appliances, THE WATER HEATER IS 2019. Additional updates include, a brand NEW GARAGE DOOR, NEW ROOF, NEW ELECTRICAL PANEL, new tile flooring and baseboards throughout, all of this ensures a move-in-ready experience. This prime location offers the best of Tarpon Springs living. Enjoy a quick trip to the iconic Sponge Docks for a delicious Greek salad, or take a short drive to Fred Howard Park for breathtaking sunsets. With easy access to downtown Palm Harbor, Dunedin Causeway, and nearby conveniences like Publix, Walmart, Tarpon Turtle, gyms, banks and everything you need is within reach. Don’t miss out on this exceptional opportunity—schedule your showing today! Walk-through video ( https://bit.ly/3ADLn0e ) copy and paste that url into your browser!
You may be able to put down less than the total down payment amount of $270,500 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: #u8254932