25151 Geddy Dr, Land O Lakes, FL 34639
4 beds · 3 baths · 2,406 sqft sqft
Welcome to this captivating home located in the highly sought-after Grand Oak community, offering tranquility and modern comforts with a picturesque pond and preserve view. The highlight of this property is the stunning saltwater pool, complemented by a spacious outdoor area perfect for relaxation and entertaining. Imagine unwinding as you watch deer play in the distance while enjoying breathtaking sunsets from your own backyard oasis. Inside, the home features a beautifully updated kitchen with upgraded appliances, perfect for culinary enthusiasts. The thoughtful layout includes separate living and dining spaces, ideal for both intimate gatherings and larger celebrations. Upstairs, you’ll find four spacious bedrooms, two full bathrooms, and a conveniently located laundry room, providing both comfort and convenience for daily living. This home also boasts a new roof and a new hot water heater, ensuring peace of mind and long-term value. As a resident of Grand Oak, you’ll have access to an array of amenities including a community pool, spa, basketball courts, playgrounds, and a clubhouse that hosts events for the entire neighborhood to enjoy. Located just minutes from the best shopping, dining, and entertainment options in the area, this home perfectly blends the peaceful atmosphere of Grand Oak with the convenience of modern living. Don’t miss your chance to own this exceptional property!
Source: STELLAR #tb8305512
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8305512
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: #tb8305512
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.