582 8th St NW, Ruskin, FL 33570
5 beds · 3 baths · 2,207 sqft sqft
PRICE REDUCTION!!! Come see this impeccable 5 Bed / 3 Bath property in the tranquil Shell Cove Community! As you walk through the front door, you will be greeted by a meticulously maintained home boasting many desirable features including an open floorplan, Ceramic Tile in all common areas, beautiful light fixtures throughout, as well as Granite countertops in the kitchen and the Owner’s Suite. The spacious Owner’s Suite boasts an elegant En Suite Bathroom with Double Vanities, a large Walk-In Closet, and a Water Closet for privacy. Opening the sliding glass doors off the Living Room takes you out to the Covered Patio and spacious Gazebo, perfect for entertaining or simply to relax with the beverage of your choice as you enjoy our beautiful Florida weather! And the fenced backyard helps to keep your pets and young ones contained so you can truly savor that beverage! (Home is being sold as-is partially furnished, including the Gazebo and its furniture.) Homeowners in Shell Cove enjoy great community amenities including a Resort-style Swimming Pool, Open-air Cabana, Basketball Court, Playground and a Dog Run for the furry members of your family! And with a very low HOA of just $140 annually, you won’t want to miss out on the opportunity to call this house your home! This home is conveniently located, under a mile from US Hwy 41 and approximately 5 miles from I-75, giving you quick access to multiple beautiful Florida beaches, Shopping Centers, and great restaurants. Schedule your showing today! Room Feature: Linen Closet In Bath (Primary Bedroom).
Source: STELLAR #t3512824
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3512824
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: #t3512824
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.