3499 Cedar Ln, Palm Harbor, FL 34684
2 beds · 2 baths · 1,230 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Enjoy FREE GOLF and MAINTENANCE-FREE LIVING in this Villa that acts and feels like a Single Family Home with a Low Monthly Maintenance fee of $227. The Front Entry is ONE of a KIND with New Cedar beams and its corrugated Plastic Cover that helps keep You and Your Enclosed Screened-in front porch cleaner and dryer. The Attached ONE CAR GARAGE keeps out of the weather as it conveniently enters into the UPDATED EAT-IN Kitchen. Kitchen features White Shaker Cabinets, GRANITE Countertops, and beautiful Backsplash of Subway Tiles that are illuminated with Under Cabinet Lighting which Enhances the Ambiance. The Laminate Floors throughout are a breeze to maintain and the PLANTATION SHUTTERS add the Tropical vibe. The Large Primary bedroom has a large WALK-IN Closet and an ensuite with a shower while the REMODELED Guest bath has a NEW bathtub, Vanity, Sink and Toilet. The Guest bedroom also features a spacious Walk-in closet and 2 windows keeping it light and bright. Plenty of Storage with the PULL DOWN attic in the garage. The Roof was New in 2017, New appliances in 2021, Water Heater 2020, AC is 2011. Owning this villa entitles you to ALL The AMENITIES that HIGHLAND LAKES ON LAKE TARPON - An ACTIVE 55+ community offers including FREE GOLF on 3 Executive Courses, FREE BOAT/RV STORAGE, Ceramics, Stain glass, Woodworking Workshops, Tennis/PICKLEBALL, 2 Htd POOLS, Jacuzzi, Pontoon Boats Cruises, Shuffleboard, Bocce, Theater, and with Over 40 Clubs this is Florida Living at its BEST all for just $164.00 a month. Non Flood Zone, Non Evacuation Zone PLUS No Nightmare Condo assessments and a Motivated Seller! See it today and Enjoy the Florida Lifestyle "tomorrow".
Source: STELLAR #TB8320642
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8320642
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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 and Equal Opportunity Act.