383 S Rooks Ave, Inverness, FL 34453
2 beds · 2 baths · 1,371 sqft
Nestled in the charming city of Inverness, Florida, this beautifully renovated two-bedroom, two-bathroom home spans 1,382 square feet and sits on a spacious 0.3-acre lot. The property offers a perfect blend of comfort and modern living, with thoughtful updates that maintain its inviting, cozy character. The front porch welcomes you into the home, with its serene view of the landscaped yard shaded by mature trees. Inside, the open floor plan features updated flooring, fresh paint, and large windows that fill the space with natural light. The living area flows seamlessly into a modernized kitchen, complete with sleek countertops, ample cabinetry, and updated appliances—ideal for both everyday meals and entertaining guests. The two spacious bedrooms are thoughtfully designed to provide comfort, with generous closet space and large windows. Both bathrooms have been fully updated, featuring stylish fixtures and modern finishes. The master suite includes its own private bathroom for added convenience. The expansive yard offers endless possibilities outdoors, from gardening to outdoor dining under the trees. A covered patio provides the perfect spot to relax and enjoy Florida’s warm weather year-round. The property also includes a fenced area for pets or additional privacy. Located just minutes from downtown Inverness, this home is close to shopping, dining, parks, and the Withlacoochee State Trail, offering plenty of opportunities for recreation and leisure. Don’t miss the chance to make this charming, move-in-ready property your new home!
Source: STELLAR #OM692241
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 #OM692241
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 of Equal Opportunity Act.