25 7th Ave SE, Largo, FL 33771
3 beds · 3 baths · 1,437 sqft
BACK ON MARKET- Buyers financing fell through 2 days before closing!!! Buyer used an Fha loan. No appraisal issues for condition or value. We were passed inspection, financing and appraisal contingincies. NO DAMAGE from Milton or Helene, Non evacuation and (zone X) "non-flood zone". Move right in to this updated, charming Bellevue Park bungalow just blocks away from Largo Central Park. This home features a 2022 HVAC, 2019 Roof, Brand new Vinyl floors and carpet in bedrooms. The living space is semi-open to the kitchen/dining area. The kitchen/dining features stainless appliances, a brand new fridge, stone counters, glass tile back splash, dishwasher, oven and built in microwave (all included). This space also features French doors with built in blinds accessible to the side deck. Off the back side of the kitchen there is an additional bonus/family room down a few steps as well as an INSIDE LAUNDRY room and 1/2 bath. The bedrooms are on same side but the owners suite has its own hallway so it feels like a split plan home. The owners suite is spacious with French doors to the exterior, dual closets and a nice size ensuite full bath with large updated shower. Down the other hallway off the living room you will find the updated guest bath with tub/shower and 2 bedrooms with good sized closets. Not included in the heated square footage and off the back family/bonus room is what used to be a small garage and was converted to more of a workshop space by removing the garage door and installing it’s own window ac/heating unit. You get 300 extra air conditioned/heated square footage! So many options for this space or if you needed to you could convert back to a small 1 car garage. The backyard is a nice size, is fully fenced, has alley access and 2 big sheds for even MORE storage. NOTE: Short term rentals are allowed in the city of Largo if you abide by their regulations (buyer to verify specifics with the city). This home is conveniently located just minutes from Belleair, IRB and Clearwater Beaches, shopping, Largo Mall, restaurants, the Pinellas Trail, Taylor Park, Largo Central Park, Highland Recreation, Largo Mall, East Bay Golf club, 15-30 min to nearby Saint Pete and Tampa airports and more! Schedule your showing appointment today!
Source: STELLAR #u8245900
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8245900
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: #u8245900
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.