328 AUBURN GROVE XING, Auburndale, FL 33823
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!
You may be able to put down less than the total down payment amount of $101,593 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
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?
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.
Will an assumption work for me?
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?
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.
MLS ID: #t3523982
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.