6116 7TH AVENUE DR W, Bradenton, FL 34209
Location. Location. Location. Want to be able to park your BOAT and have access to the water? Do you need to park your RV? You can here! 5 minutes from the beautiful beaches of Anna Maria Island!!! We have done all the homework for you to make informed decision. We have an inspection, 4pt and Wind Mitigation! Perfect for investment property, part-time residents or for your full-time residence! Homeowners are willing to negotiate leaving home fully furnished. This totally adorable West Bradenton home offers easy access to the beaches and is located on a cul-de-sac with over 1/3 acre, this property is quiet, peaceful. The backyard invites you to enjoy the outdoor area. Remodeled kitchen with shaker style, soft close cabinetry, Fantasy Brown granite counters and white subway accent tiling. New appliances. Split bedroom plan for privacy. Wood look floors throughout the living area and bonus room, cozy carpeted bedrooms with neutral/gray coloring. Oversized two car garage with wall of storage and shelving, perfect for the home handyman, craft space or additional storage. The over 1/3 acre large fenced in rear yard has beautiful mature trees There's plenty of room to add a pool and a large exterior storage building that holds the lawn equipment and other maintenance tools & equipment. There are no deed restrictions here, (park your boat or RV - no problem!!!) No HOA, no CDD, no flood zone and it's close to everything you want to be nearby! in addition to be located approximately 5 miles from Anna Maria Island and our Beautiful Beaches, it is also minutes from located near the 59th Street Boat Ramp, GT Bray Park, Robinson Preserve, Geraldsons' Farm Market, Many restaurants nearby as well plenty of retail choices, Hospitals & more! Don't miss out! Come see it today! Furnishings available under separate agreement (including two lawnmowers a self-propelled push mower and a riding mower).. Roof 2009, A/C & duct work 2014, water heater 2016 and garage door motor 2017. 2022 Washer and Dryer. This Perfect for a VRBO with NO DEED OR LEASE RESTRICTIONS, and the Furnishings Can Be Included right down to the cups and saucers, linens, towels and TV! SO...This property is ready for you!
You may be able to put down less than the total down payment amount of $55,996 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: #a4609409
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.