5520 Blue Azure Dr, Wimauma, FL 33598
4 beds · 2 baths · 1,935 sqft
Back On The Market, Buyers Financing Fell Through! Welcome to 5520 Blue Azure Drive, a delightful sanctuary nestled in the serene Berry Bay Estates. This beautiful, newly-built 2023 home exudes warmth and charm, perfect for creating cherished memories. As you step inside, you are greeted by an inviting open floor plan that effortlessly connects the family room, dining area, and kitchen, making it ideal for both intimate family gatherings and larger celebrations. The spacious 1,936 square feet of living space includes four cozy bedrooms, each designed for comfort and tranquility. The owner's suite is a true retreat, featuring a spa-like bath that promises relaxation and privacy. The three additional bedrooms provide ample space for family, guests, or even a home office. Every detail in this home has been thoughtfully chosen, from the elegant ceramic tile flooring to the plush carpeting that adds a touch of luxury underfoot. One of the standout features of this home is the huge backyard, perfect for outdoor activities, gardening, or simply enjoying the Florida sunshine. Whether you envision summer barbecues, a play area, or a serene garden retreat, this expansive outdoor space offers endless possibilities. Outside, the charming stucco exterior and neatly fenced yard create a welcoming atmosphere. The two-car garage offers plenty of space for vehicles and storage, catering to all your practical needs. Built in 2023, 5520 Blue Azure Drive isn't just a house, it's a brand-new place where you'll feel instantly at home, surrounded by comfort and style. Don't miss the opportunity to make this warm and inviting property your own, where every day can be filled with joy and relaxation.
Source: STELLAR #u8247462
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8247462
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: #u8247462
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.