4531 29th Avenue Cir E, Palmetto, FL 34221
3 beds · 2 baths · 1,430 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Under contract-accepting backup offers. PRICE Improvement! Lovely move-in ready home on a .24 acre lot with wonderful lake views. This well designed 3/2 home has an open floor plan with high ceilings which allows lots of natural light to flow in, split bedrooms, all on one level, with an attached 2 car garage. This home can come furnished. Nice screened entryway as well as the back Lanai allows you to keep front door open and let the breezes flow through the home on those nice cooler days. Kitchen has stainless steel appliances, a breakfast bar as well as space for a table, lots of counter space and storage with a closet pantry. There is a door directly from kitchen area onto the Lanai to allow for easy entertaining. Kitchen and bathrooms are tiled and the rest of the home has engineered cherrywood floors. Master bedroom has a great view of the lake, walk-in closet, and the attached bath has double sinks with a walk-in shower. The large flat/level yard is perfect for a pool or plenty of area for play. The community has a park with a playground and basketball courts, no CDD fees and low HOA fees. Location is great, close to 275/75 access to Tampa and St Petersburg and close to the beaches of Anna Maria. Plenty of shopping close by, Ellenton Outlet Mall and Detwillers to name a few and restaurants. Assumable VA loan at rate of 3.62. Sellers will replace roof prior to closing. Call to Schedule your private visit today!
Source: STELLAR #A4601178
Source: STELLAR #A4601178
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.