3431 Nixon Rd, Holiday, FL 34691
3 beds · 2 baths · 1,368 sqft
Under contract-accepting backup offers. BACK ON THE MARKET! (Buyers financing fell through, their loss is your gain!) GORGEOUS, REMODELED, POOL HOME! Meticulously maintained to an extraordinary degree is now available!!! This 3 bed, 2 full bath, oversize single car garage home was basically Brand new in 2022. Almost everything was remodeled and updated including the roof, A/C, impact windows, water heater, Kitchen, bathrooms, floors, paint inside and out. The list goes on... This home is available with an assumable 4.75% interest rate mortgage. Sellers are also giving $10,000 towards the solar panel's principal balance to keep the new buyer's energy costs down with the rising energy costs. Have Kiddos or Dogs? This backyard is perfect for you! Completely enclosed and private with a NEW vinyl privacy fence and brand new blinds . The 378 square foot lanai allows for a ton of entertainment space for pool parties and other activities. The pool pump has been replaced with a high efficiency programmable pool pump in 2023. Make your way inside from the lanai through new french doors where you will be greeted with the granite bar top counter space that looks through to the fully updated kitchen complete with a large closet pantry. Just off the kitchen you have both a formal dining space and what could be used as a breakfast nook or extended living space. The primary bedroom hosts an en suite with walk in shower, walk in closet and sliding doors to the lanai. Only 4 miles from Tarpon Springs Sponge Docks for some of the area's best shopping, entertainment, dining and seafood! 7 miles from Fred Howard park complete with beach, pavilions, 2 playgrounds, ball field, windsurfing area, canoe and kayak launch and causeway for fishing. In the neighborhood less than a half mile from the house is the Civic Center for community events and Aloha Gardens Park. Seller is MOTIVATED! Don't let this opportunity slip away and schedule your showing today!!
Source: STELLAR #w7863007
Source: STELLAR #w7863007
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: #w7863007