5530 SHASTA DAISY PL, Land O Lakes, FL 34639
Welcome to this MOVE-IN ready home in the desirable Dupree Lakes community of Land O' Lakes! This beautifully upgraded home offers 4 bedrooms, a bonus loft, and a fully fenced yard, with the added luxury of no carpet throughout. As you enter, you'll be greeted by open living areas designed for both comfort and style. The front room offers versatile space that can be customized to suit your needs, whether it be a formal dining room, living area, or home office. The large family room flows seamlessly into the kitchen, creating an ideal space for entertaining and everyday living. The kitchen is a chef's delight, featuring 42" cabinets, a spacious cooking island, stainless steel appliances, a pantry, and granite countertops. The breakfast nook is perfect for casual dining, and the adjacent mudroom/coffee bar room adds extra convenience and functionality. Additionally, a half bath is located downstairs for guests. The upgraded wood staircase leads to the second floor, where you'll find a large loft/bonus room area. This versatile space can serve as an office, playroom, relaxation area, or whatever suits your needs. The upstairs laundry area is perfectly positioned for convenience. The primary suite is a true retreat, featuring a large walk-in closet with stylish barn doors, and an en-suite bathroom with dual sinks, granite countertops, a shower, and a luxurious garden tub. The three additional bedrooms are also located upstairs providing ample space for family and guests. This home is equipped with a new HVAC system (3 years old), a new water softener system, and newer appliances including a dishwasher and refrigerator, ensuring peace of mind and modern conveniences. The fully fenced yard offers a safe and private space for outdoor activities, while the covered patio is perfect for grilling and enjoying the Florida weather. Living in Dupree Lakes means access to a wealth of community amenities. Residents can enjoy the resort-style community pool, a clubhouse with a gym, a playground, and basketball and tennis courts. The community is designed to offer a vibrant and active lifestyle, with plenty of opportunities for recreation and socializing. This home is more than just a place to live; it's a lifestyle. Experience the best of Dupree Lakes and Land O' Lakes in this exceptional property that combines comfort, style, and convenience. Welcome home!
You may be able to put down less than the total down payment amount of $16,393 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #t3541561
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.