233 W College Ave, Ruskin, FL 33570
4 beds · 2 baths · 1,755 sqft
One or more photo(s) has been virtually staged. <br>Nestled in the heart of Ruskin, this expansive four-bedroom residence offers an ideal blend of comfort, style, and versatility, making it a perfect fit for all. Your dreams are within reach with a fresh coast of paint on the entire interior of the home, recent appraisal, inspections, and a brand new roof. Seller to pay $7,000 seller concessions with acceptable contract. <br> The fenced property uniquely sits on a double lot, providing ample space for outdoor activities and future expansions, with the added benefit of the second parcel included in the sale. This generous space allows you to bring and park your boat, RV, and other outdoor toys right on your lot, making it perfect for weekend adventures and family fun.<br> Upon entering, you're greeted by a thoughtfully designed split floor plan that promotes a seamless flow between two distinct living areas while ensuring privacy and tranquility in the bedrooms, offering a welcoming atmosphere for family gatherings, entertainment, or relaxation. The openness of the main living spaces is accentuated by ample natural light, creating an airy and inviting ambiance.<br> The primary suite is strategically positioned away from the other bedrooms and features an ensuite bathroom. Owners will delight in the roomy kitchen, which opens up to the dining and living areas, ensuring that hosts remain part of the conversation while entertaining. The kitchen boasts a practical layout and sufficient storage.<br> Situated in an area known for its potential and growth, this property is not only an excellent opportunity for a starter home but also presents a valuable investment for those looking to update and generate rental income. The absence of a Homeowners Association provides the freedom to personalize your space without the constraints typically imposed by community regulations.<br> Its location combines the benefits of a peaceful residential setting with the convenience of being close to local amenities, including shopping, dining, and entertainment options.<br>
Source: STELLAR #TB8305799
Learn about how it works
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
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8305799
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.
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.
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.
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.
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.
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.