21898 VIOLET PERIWINKLE DR, Land O Lakes, FL 34637
FULLY FURNISHED, POOL home, ready just in time for fall with Over $120K+ in upgrades, to include peaceful nature sounds and a relaxing view of water and conservation (No rear neighbors). Driveway is paved and sealed with plenty of room for guest parking. Your mailbox, a dog park, and Connerton Elementary are all less than half a mile walking distance. This 2-story cinderblock on block McGinnis home offers plenty of room for everyone with 5 bedrooms (4 upstairs and 1 downstairs), 5 bathrooms (3 upstairs and 1.5 downstairs), and a 3-car garage. As you enter the home, you'll notice the high ceilings in the entryway and breath-taking view of the pool and conservation through the living room windows. Gorgeous tile floors all throughout entry, living, kitchen, dining, laundry, and bathrooms. Heavy duty garage doors with Wi-Fi enabled myQ sensors. Hurricane rated windows on front of house. Wi-Fi enabled Ring doorbell and security system including motion, door sensors, and smoke detector connected, and Wi-Fi enabled Kwikset digital front door lock. Large loft with wine fridge and wet bar. Upstairs laundry room with built in cabinets and additional shelves. Upstairs hallway bathroom with tub, dual sinks, linen closet, and quartz countertops. Newly installed POOL is heated with sun shelf, fountain, two deck jets, and color changing lights. All this and the pump are controlled with Wi-Fi enabled automation. Large kitchen island made from a beautiful quartz stone with light gray accents. Gorgeous, upgraded tile backsplash throughout kitchen and coffee station area. Matching stainless steel GE appliances, less than 3 years old. Connerton is one of Pasco County, Florida’s most sought-after communities with great amenities. Lap pool, tennis courts, beach volleyball court, a fitness center, walking trails, a dog park, a clubhouse you can rent space out for personal events. Enjoy weekly food truck and farmer’s market events and so much more. Drive your golf cart to Publix or to one of the restaurants right at the entrance of the community. Don’t wait. Call to schedule your in-person tour today!
You may be able to put down less than the total down payment amount of $231,579 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: #t3537191