1 of 52
$650,000

2970 Pinewood Run, Palm Harbor, FL 34684

3 beds · 2 baths · 2,128 sqft sqft

New roof with acceptable offer and you can pick your shingle color! A nearly new AC, new sprinkler system, new pool pump and filter 2022. Discover your dream home in the heart of Palm Harbor! This beautifully crafted 3-bedroom, 2-bath, 2128 sqft Rutenberg home offers the perfect blend of comfort, charm, and location. Nestled in the desirable Countryside North neighborhood, this home boasts serene views of a natural spring and peaceful green space on over a quarter acre of land for ultimate privacy. Step inside, and you’re greeted by the welcoming view of a sparkling pool, visible from the spacious living areas. The split floor plan provides a private retreat for the primary suite, featuring sliding doors to the pool, a large walk-in closet, and an ensuite bath with dual split sinks. The heart of the home, the kitchen, is spacious and open to the cozy family room. Sliders opening to the pool area is ideal for your morning coffee or stay inside on those cold mornings and sit by the fireplace. Conveniently located close to top-rated Palm Harbor schools, shopping, dining, entertainment, and the beautiful Gulf Coast beaches, this non-flood zone home provides peace of mind and a perfect location. Don’t miss out on this charming home - schedule your private tour today!

Interest rate 3
3.75%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$645
With Roam
$821
Reduce your monthly payments by $175 when you assume this mortgage.
You also save $44,755 in total interest paid.
$536,647
Edit

You may be able to put down less than the total down payment amount of $536,647 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.
45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Size
2,128 sqft
Lot size
0.39 acres
Year built
1985
Type
Single Family Residence

Source: STELLAR #tb8300183

Loan
Remaining term
21 years, 3 months
Rate
3.75%
Monthly P&I
$645
Remaining loan balance
$113,352

Source: Public records

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?

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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?

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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?

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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?

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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?

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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.

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Resources
Last updated: Oct 22, 2024 08:47 am
Listing agent: Danielle Cockman (813) 446-8136
Listing provided courtesy of: KELLER WILLIAMS REALTY- PALM H (727) 772-0772
Details provided by STELLAR and may not match the public record.
MLS ID: #tb8300183
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2024 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
Interest rate 3
3.75%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$645
With Roam
$821
Reduce your monthly payments by $175 when you assume this mortgage.
You also save $44,755 in total interest paid.
$536,647
Edit

You may be able to put down less than the total down payment amount of $536,647 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

$645/mo
View details