6949 113TH WAY, Seminole, FL 33772
Discover this beautifully remodeled 2-bedroom, 2-bathroom home, ideally situated just steps away from the scenic Pinellas Trail and about 1.5 miles away from the beach! Located near the vibrant Seminole City Center, you'll enjoy easy access to top-rated restaurants, shopping, and entertainment. This home is also nestled within one of the county's top-rated school districts, making it a perfect choice for families. The property boasts a fully updated interior, featuring custom built-in dressers and a TV display that add both style and functionality. The home’s plumbing has been meticulously updated, including new pipes laid from the house to the city line, ensuring peace of mind for years to come. Step outside to find an inviting sealed and coated driveway, a patio with non-slip coating, and an irrigation system to keep your yard looking lush year-round. The home's curb appeal is unmatched, with a beautifully maintained exterior and a fully fenced backyard, perfect for relaxing or entertaining. This property offers the perfect blend of modern upgrades and prime location—don’t miss your chance to call this stunning home yours! Call now for your private showing and start packing! Property has hurricane shutters for windows.
You may be able to put down less than the total down payment amount of $68,207 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: #tb8303233
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.