456 N Fresno Ave, Hernando, FL 34442
3 beds · 2 baths · 1,532 sqft
UNBELIEVABLE PRICE IMPROVEMENT ON THIS HOUSE!! CHECK IT OUT!! Discover the perfect blend of space, comfort & convenience with this charming Citrus Hills home, set on an acre of land. Built in 2000, this well-designed property offers a flexible layout made for modern living, complete with a serene setting and proximity to local necessities. Enjoy peace of mind with the home’s 2018 roof & HVAC, plus a new shed in 2021. This home features a generously sized kitchen at the heart of the home that provides abundant counter space, cabinetry, and functionality—great for cooking, entertaining, and everyday living. The two distinct living spaces are nice for hosting gatherings, creating separate entertainment areas, or simply enjoying extra room for relaxation. The thoughtfully designed layout ensures privacy and functionality, with the primary suite on one side of the home and two additional bedrooms and a bath on the other. Enjoy the beauty of the outdoors year-round from the comfort of the enclosed Florida room. Imagine relaxing with morning coffee, hosting guests, or taking in the peaceful surroundings. The outdoor features include an acre of privacy with a fully fenced yard for your peace of mind, this spacious property includes a dedicated dog run at the rear—perfect for your four-legged companions. The large shed/workshop provides plenty of space for hobbies, tools, projects & storage. While the home enjoys the privacy & charm of a country setting, it is also conveniently located to new stores, restaurants, and essential services, giving you the best of both worlds. Citrus Hills also provides easy access to the Nature Coasts recreational opportunities like boating & kayaking on the local rivers, nature trails for walking or biking, and equestrian facilities. At this price point, you’ll be hard-pressed to find a home with so much to offer! Whether you’re seeking room to grow, a peaceful retreat, or modern amenities in a rural setting, this Citrus Hills property is an exceptional opportunity. Don’t miss this chance to own a piece of country paradise. Schedule your showing today and discover why this Citrus Hills gem is the perfect place to call home! Close
Source: STELLAR #om690363
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om690363
Source: Public records
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: #om690363
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.