5243 30th Ave N, Saint Petersburg, FL 33710
3 beds · 3 baths · 1,647 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This phenomenal midcentury residence has all the amenities of 2024. Solar Energy! Hybrid hot water heater! Space for multigenerational living! Perfection! An open-concept living and dining space flows easily into the updated kitchen, which features granite countertops, trendy wood cabinetry, a large island topped with butcher block, and stainless-steel appliances. There is a unique configuration of the bedrooms, one leads into the primary and would be ideal for a home office, media room, nursery, or perhaps a future mother-in-law suite. The spacious primary retreat offers a walk-in closet and a luxurious en-suite bath with an oversized walk-in shower. Love to be outdoors in any season? Take advantage of the backyard screened enclosure with vinyl window coverings or sit on your open front porch. The fenced yard has plenty of room for a pool. Premium upgrades include a new 50 year roof with transferable warranty, insulation in the attic, plantation shutters and new blinds, wood laminate flooring in the bedrooms and polished terrazzo in the living areas. Have peace of mind as there are hurricane shutters, the irrigation system is already on a well, and the washer/dryer is new. The hybrid hot water heater takes hot air from the garage to the tune of only $40 per year to run! Imagine the savings your solar panels will bring! The exceptional central St Petersburg location will give you quick access to the beaches or the ‘Burg. However, this is a home you will never want to leave!
Source: STELLAR #tb8318686
Source: STELLAR #tb8318686
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.