5303 Waterleaf Ct, Valrico, FL 33596
2 beds · 2 baths · 1,595 sqft sqft
This highly affordable pool home in River Hills with great views of the the 4th fairway and green is ready for your leisurely lifestyle. The home has received many recent updates and shows beautifully! The home has great curb appeal and is located in a cul-de-sac reducing traffic. When you open the front door you are instantly greeted with modern colors, natural light and beautiful new LVP flooring. The great room has some of the best views overlooking the 4th fairway, pool and backyard. The 10-foot ceilings open the home and each room feels bright and airy. There is plenty of room for everyone to relax together. The kitchen features new white quartz countertops sitting on white cabinets, deep 50/50 sink, new designer faucet, filtered water dispenser, new flooring and paint and a quaint dinette area perfect for casual meals. The owners’ suite is private and includes access to the covered patio and pool area, large walk-in closet and a private en-suite bath with walk-in shower. The second bedroom is nearly as large as the owners’ suite and features a patio door and a large walk-in closet. The flooring is consistent through the entire interior of the home and includes new 5 ¼” baseboards. Relaxing on your private lanai and swimming in the solar-heated pool will be year-round highlights with family and friends. Peace and quiet is here for your enjoyment. The mechanics of the home offer peace of mind and include a new highly efficient 17-seer air conditioner in 2023, new hot water heater in 2023, new energy efficient patio door in 2022, new garage door in 2013 and the roof was replaced in 2012. The home also includes a Culligan whole house water conditioning system. River Hills offers a unique living experience with two guarded 24/7 gates, lighted scenic parkway through majestic oaks overlooking ponds, fairways and lush landscaping full of color. Homeowners have a limited membership to the country club allowing use of the dining room, lounge, fitness center and swimming pool. There are social activities for everyone! Renowned 18-Hole Championship Golf and Tennis play are available at very attractive membership rates. On the eastside of the community you find protected land offering multi-mile nature trails along the scenic Alafia River where digging for fossils is a favored past time. Parents love the “A” rated public schools! Major shopping, dining and entertainment are all just around the corner. You will be highly pleased to tour River Hills and its amenities. This is a fantastic opportunity to own an affordable home in River Hills! Call today to learn more about this home and how it is perfect for you.
Source: STELLAR #tb8316336
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8316336
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: #tb8316336
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