5870 39th Ave N, Saint Petersburg, FL 33709
3 beds · 2 baths · 1,518 sqft
Under contract-accepting backup offers. HIGH & DRY! NON FLOOD ZONE! No Hurricane damage! This charming 3-bedroom, 2-bathroom residence offers a delightful combination of modern comfort and timeless appeal. Nestled in a convenient location, this property promises a lifestyle of relaxation and enjoyment. Upon entering, you'll be greeted by an inviting open concept layout, perfect for entertaining family and friends. The master bedroom is thoughtfully separated from the 2nd and 3rd bedrooms, offering privacy and tranquility. The heart of the home lies in the beautifully updated kitchen, featuring sleek white Ikea cabinets, a WIFI slide-in range, French door refrigerator, solid surface countertops, and a stunning marble backsplash. The built-in vintage China hutch with glass knobs adds a touch of character and elegance, while the soft close doors and drawers enhance functionality. Step into the cozy living room adorned with charming brick accent walls and a wood-burning fireplace complete with a new mantel, creating a warm and inviting atmosphere. Updated master bedroom and bath provide modern comforts, while new lighting fixtures throughout illuminate the space with style. Outside, the sparkling pool awaits, offering a refreshing retreat on hot summer days. The new pool pump installed in 2021 ensures hassle-free maintenance and endless hours of enjoyment. Practical updates including a roof and AC replacement in 2015 provide peace of mind for buyers, along with current 4pt and wind mitigation reports available upon request. And with no flood insurance required, you can rest easy knowing your investment is secure. Located just 7 miles from the beach and downtown, this home offers the perfect blend of convenience and lifestyle. Whether you're lounging poolside or exploring the vibrant nearby attractions, there's something for everyone to enjoy. Don't miss out on this incredible opportunity! With its irresistible charm and modern amenities, this home is sure to capture your heart. Schedule a showing today and make it yours before it's gone!
Source: STELLAR #u8245079
Source: STELLAR #u8245079
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: #u8245079
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.