309 Fern Cliff Ave, Temple Terrace, FL 33617
4 beds · 2 baths · 1,668 sqft
*SELLER TO CONTRIBUTE 6,500 TO BUYERS CLOSING COST* Welcome to your dream home in Charming Temple Terrace! This impeccably designed residence boasts a highly desirable floor plan with 4 bedrooms and 2 bathrooms, offering ample space for comfortable living. As you step through the front door, you're greeted by a welcoming open floor plan that sets the tone for the elegance that lies within. The expansive living and dining areas provide the perfect setting for entertaining guests or simply enjoying quiet family evenings. The highlight of the home is undoubtedly the large oversized master bedroom, featuring a luxurious en-suite bathroom complete with his and hers vanities and a walk-in shower—a true oasis of comfort and relaxation. The heart of the home lies in the beautifully appointed kitchen, which opens up to additional eating space, creating the ideal spot for casual dining or morning coffee. Beyond the kitchen, a cozy family room awaits, perfect for gathering with loved ones. A well-thought-out split bedroom floor plan ensures privacy and convenience, with a hallway off the family room leading to three additional bedrooms and another bathroom, providing ample space for family members or guests. This home offers the perfect blend of tranquility and convenience. Fall in love with Temple Terrace and it's vibrant family-friendly community with seasonal events, fireworks, parades, and gatherings. Just a block away, enjoy Riverhills Park complete with riverside boardwalk, playground, boat ramp, kayak launch and a community garden. Just beyond, is Scout Park with walking trails and picnic areas along the river. Another neighborhood park, Biltmore Park, is also just a block way with a newly remodeled playground. The nearby Family Recreation Complex presents a wealth of amenities, including a remodeled gym, basketball, tennis, pickleball courts, and a heated Olympic swimming pool. Golf enthusiasts will delight in the Temple Terrace Golf and Country Club, while the area's proximity to top medical facilities and the University of South Florida ensures convenience and peace of mind. With downtown Tampa just a 20-minute drive away and beaches within 45 minutes' reach, this remarkable home offers the perfect blend of tranquility and accessibility. Side Note... Newer Roof, AC and Water Heater. All Plumbing, Electrical and Quarts countertops throughout added in 2019. Water Softener and Osmosis water system added in 2021.
Source: STELLAR #t3549948
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3549948
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: #t3549948
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.