328 Auburn Grove Xing, Auburndale, FL 33823
4 beds · 2 baths · 2,085 sqft
Welcome to your dream home in the highly sought-after community of Auburn Grove! This immaculate 4-bedroom, 2-bath residence, built by DR Horton in the fall of 2021, exudes pride in ownership from the moment you set foot on the property. Step inside to discover a home that feels brand new, with a unique floor plan designed for both functionality and style. The layout offers a perfect balance of privacy and togetherness, with bedrooms strategically positioned for maximum comfort. You will be impressed with the amount of storage closets throughout the home. The spacious living room welcomes you with open arms, boasting ample space for all your furniture arrangements. Whether you're hosting gatherings or simply relaxing with loved ones, this is the perfect setting to create lasting memories. The heart of the home lies in the expansive kitchen, complete with a generous island, dining area, and a pantry that provides plenty of storage space for all your culinary essentials. From casual meals to festive feasts, this kitchen is sure to inspire your inner chef. As you retreat to the owner's suite, you'll discover a serene oasis that beckons you to unwind and recharge. With dual vanities, a stand-up shower, and separate linen closets, and a massive walk-in closet the ensuite bathroom offers a touch of luxury at every turn. But the delights of this home extend beyond its walls. Step outside to your screened-in lanai and fenced backyard, where endless opportunities for outdoor enjoyment await. Whether you're savoring your morning coffee or hosting a barbecue with friends, this outdoor space is yours to customize and enjoy. And let's not forget about the amenities that await you in the Auburn Grove community. Take a leisurely stroll along the sidewalks, take a refreshing dip in the sparkling community pool, or simply bask in the warm Florida sunshine. With its convenient location just minutes from I-4 and nestled between Tampa and Orlando, this home offers the perfect blend of convenience and tranquility. Don't miss your chance to experience the best of both worlds – schedule your showing today and make this house your forever home!
Source: STELLAR #t3523982
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3523982
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: #t3523982
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.