2233 VALTERRA VISTA WAY, Valrico, FL 33594
Property is back on the market after the buyer was unable to meet the closing date, providing a fresh opportunity for interested parties. Discover this beautiful two-story pool home, featuring an exceptional amount of amenities and 3,713 square feet of living area. The residence features six bedrooms, four bathrooms, a bonus room, and a loft on the second level, making it ideal for a large family or for entertaining guests. The gourmet kitchen is a culinary artist's delight, showcasing hardwood cabinets, granite countertops, stainless steel appliances, recessed lighting, a tiled backsplash, and a central island. Designed with an open floor plan, it's perfect for family events and social gatherings. The living room, with its hardwood flooring, ceiling fans, and plentiful natural light, offers a cozy and welcoming ambiance. The formal dining room exudes space, adorned with wooden flooring and a chandelier. The main floor includes a guest bedroom, ensuring comfort and privacy for visitors. A distinctive and secure addition is the hidden safe room/storage space. The master suite serves as a sumptuous sanctuary, complete with carpeted flooring, a ceiling fan, a tray ceiling, and an attached bathroom. The master bathroom is outfitted with dual sinks, an expansive vanity, a Jacuzzi tub, a standalone glass shower, and a private water closet. The second level also houses a handy laundry room with a utility sink and storage shelves. Another notable feature is the secondary master bedroom, boasting an attached bathroom with a walk-in closet. This remarkable home further includes a spacious loft on the second floor, 9-foot ceilings, a gas water heater, a screened lanai with a bar and outdoor kitchen, a water softener system, a saltwater in-ground pool, and a privacy fence. Additionally, the property offers an extensive three-car garage, ideal for storage and vehicle accommodation. The lower-level AC unit, replaced in 2021, includes a UV air purifier, and the upper-level AC unit was updated in 2020. Situated for convenient access to I-75, I-4, MacDill AFB and the Crosstown Expressway, this home is the epitome of luxury, comfort, and practicality. Don't miss out on this incredible opportunity.
You may be able to put down less than the total down payment amount of $335,492 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: #t3532573
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.