3048 Victoria Inlet Dr, Holiday, FL 34691
3 beds · 3 baths · 1,440 sqft
Motivated Seller!!! SELLER MAY CONCIDER BUYER CONCESSION WITH A FULL PRICE OFFER!!! Come and tour this beautiful and almost new Townhome. Anclote Square is located close to US 19 and HWY 54, just minutes from Tarpon Springs and has low monthly HOA fees which include exterior maintenance, cable television, high-speed internet, and NO CDD FEE. The floorplan has been designed with you in mind, with open living spaces. You’ll appreciate included exterior maintenance when the weekend comes around - you’ll have plenty of time to enjoy the outdoors, and with no CDD fee and a low monthly HOA. The Flamingo is a simple yet elegant townhome with 3 bedrooms, 2.5 baths and a 1-car garage. The first floor is great for entertaining with a wide-open dining/kitchen/living room, half bath, with 150 sf covered lanai for some outdoor space. Upstairs are 3 bedrooms, with two splits away from the Master for some privacy. A full bath to serve the additional bedrooms, and an Owners bath with dual sinks and a walk-in closet. Include WIFI-enabled garage opener and Ecobee thermostat. Enjoy the visit of your family and friends since the community has 5 spaces for guest parking. You will also have an encounter with nature because you can maintain your privacy since it has a dry Pond at the back of the property. Short drive to Howard Park Beach. Call today for a private showing.
Source: STELLAR #S5106147
Financials
Source: Public records
Source: STELLAR #S5106147
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.