5466 Logan Cave Ave, Wimauma, FL 33598
3 beds · 2 baths · 1,676 sqft
Why WAIT for new construction when you can own this IMMACULATE home, located in the highly desired Creek Reserve community TODAY! ** Assumable loan ONLY at 4.75 Interest Rate!!** Offering the popular Aria floorplan with an abundance of magnificent features including the home being a "Smart" home and comes with the added benefit of solar panels, resulting in ZERO electric bills, yup that's right just eliminated one of the usual bills a home comes with. As you approach the home, you'll be greeted by a beautiful front porch, perfect for enjoying your morning coffee or to simply sit back and relax. Step inside and prepare to be amazed by the open and airy floorplan of this 2022-built home. Providing three bedrooms and two bathrooms with a split floor plan that provides the perfect amount of privacy. The kitchen is a chef's true dream, featuring granite countertops, 42-inch cabinetry, a large pantry, and stainless-steel appliances. Whether you're hosting a dinner party or simply enjoying a quiet meal at home, the kitchen is open to both the dining room and living room, making it easy to entertain and interact with guests. The spacious living room provides a comfortable space to relax and unwind. The owner's suite is located on the opposite side of the home from the guest bedrooms, ensuring ample privacy offering a large walk-in closet and an en-suite bathroom with dual sinks, a walk-in shower, a private water closet, and an extra closet for additional storage space. Outside, you will find the large backyard for you and if also your furry friends to enjoy. Additionally, there is a spacious back porch where you can sit back, relax, and enjoy the beautiful Florida weather, scenery, wildlife and breeze. Don't miss out on the opportunity to own this incredible home in the Creek Preserve community. The residence of your dreams in Wimauma! Nestled just outside of Tampa is the location where you’ll find the amazing Creek Preserve community that has all the features you could possibly ever need: Club House, Pool, Tot Lot, Half Basketball Court, Concrete Block Construction. Situated off of US-30 Creek Preserve offers a short commute to Downtown Tampa, St. Petersburg, and Apollo Beach. Not only is it a short trip to the city, but the community is also surrounded by conservation areas and parks. With Little Manatee River State Park just minutes away, there is plenty of opportunity for outdoor adventure such as hiking, canoeing, horseback riding and camping. Contact us today to schedule a showing and make this house your new home.
Source: STELLAR #t3496123
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3496123
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: #t3496123
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.