6199 59th Pl N, Saint Petersburg, FL 33709
3 beds · 2 baths · 936 sqft
Short Sale. This is a Short Sale and will require bank approval. You won’t believe your eyes when you see this solid block remodeled 3 bed /1.5 bath / carport home centrally located on a corner lot. So many amenities have been taken care of for you: HVAC with more effective ducts and newer condenser 2022, roof 2022, hurricane windows 2021, main bathroom, all flooring, paint inside & out, newer kitchen remodel 2022. Brand new hot water heater and new motor and control panel for HVAC. The floorplan has a nice flow to it and all the new windows flood the space with natural light. The cute as a button eat-in kitchen features all new cabinets and SS appliances. The half bath is located off the laundry room with easy access off the kitchen and out to the carport. The fenced yard with double gate offers space on the side to park your boat or other toys. This home is centrally located just minutes from our fabulous beaches, all the shopping you need, schools, restaurants & so much more. Easy access to Gandy Blvd and 20 minutes to the airport or downtown St Pete. Dimensions / measurements are estimated & should be verified by Buyer. This one is as good as it looks so come and see your new home today!
Source: STELLAR #u8248446
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8248446
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: #u8248446
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.