2510 Big Pine Dr, Holiday, FL 34691
4 beds · 2 baths · 2,022 sqft
Motivated sellers,large price reduction. This home has an Assumable FHA Morgage at 3%,you must qualify for, call me for details. Welcome to your new home! This spacious property features an open floor plan with a combined living, dining, and family room, perfect for entertaining. It offers 3 bedrooms plus a den, which can easily serve as a 4th bedroom with a closet. The roof has recently been replaced, and the exterior has been freshly painted. The master suite boasts both a garden tub and a shower, dual vanities, and beautiful granite countertops. The kitchen is equipped with newer stainless-steel appliances, and the cabinets have been updated with granite countertops as well. Throughout the home, you'll find tile flooring, except in the master and spare bedrooms where you'll enjoy durable manufactured wood floors. The property is beautifully landscaped and features an irrigation system. The pavered lanai includes a brand-new covered pergola, ideal for grilling, and the fully fenced backyard offers privacy. Other updates include a newer hot water tank. It is situated close to the Holiday Recreation Complex, with a large open field perfect for kids to play. The home is conveniently located near the clubhouse, which offers a full fitness center, heated pool and spa, tennis courts, volleyball courts, playground, and horseshoes, and is within walking distance to the Holiday Recreation Center and nature trails. Just outside the back gate is the Intracoastal Waterway, leading to the Gulf of Mexico. The brand-new Anclote Trail is nearby, connecting to Anclote River Park, Anclote Gulf Park, Key Vista Nature Park, and the Pinellas Trail in Tarpon Springs. The HOA is only $138 month and covers gate access, all clubhouse amenities, and basic cable and internet. No flood insurance is required for this property. It is equipped with a Terminix Termidor Home System and hurricane shutters for added protection. This home did not flood and was not affected by any of the recent storms. Don’t miss out on this incredible opportunity!
Source: STELLAR #w7870018
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #w7870018
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: #w7870018
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.