7022 DRURY ST, Tampa, FL 33635
Under contract-accepting backup offers. This is a fantastic 3 BR 2 Bath home located is a highly desirable area and is filled with quality upgrades. The house roof was replace 6 years ago to help escape the high insurance companies rating system. The house ls loaded with high impact windows and sliding doors. The master bedroom is breath taking with the size, lighting, television mounting location, and assess to the quality master bathroom. The bathroom is breathtaking with colors, a fantastic shower tub and a walk in closet of a movie star. The mirrors are of high quality and and twin sinks mounted of a granite counters makes you feel wealthy and warm. The kitchen with eat in space has SS appliances with a new refrigerator in the kitchen and the spare in the garage. The counter tops are granite with solid kitchen cabinets that are self closing. The house has a atrium located between the master bedroom and the great room. The dinning room is large and speaks for it self with access to the patio area with brick pavers and still a great landscape area. The great room is large and has a real wood burning fireplace that get used with the weather gets colder !! IT has it own laundry room and with is located on the other side of the house and is closed to the two !other bedrooms that have large walk-in closets. The second bath stands out with its impressive mirror and a walk in shower, and open bathroom pantry. This home is located within very easy commuting travel to TIA, down town Tampa, all the professional playing events, and an easy travel distance to all the beaches. The property also has easy access to great shopping areas, great restaurants and best of all a community that is bonded with caring homeowners.
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: #tb8301691