71 BELLS OF IRELAND CT, Homosassa, FL 34446
Welcome Home! Why wait for a new build when you can move right into this meticulously cared-for and beautifully landscaped 2021 home now? You will not want to miss this amazing new listing in Sugarmill Woods. With NO CDD fees, LOW HOA fees, and NO Flood Insurance needed, you'll enjoy significant cost savings! This well-maintained, true 4-bedroom, 3-bathroom home offers peaceful living with a screened-in private patio and no rear neighbors. As you walk into this beautiful home, you'll see the open-concept living and dining areas, perfect for entertaining. The home features beautiful paint, a picture-perfect eat-in kitchen, and all stainless steel appliances. The master bedroom, with its ensuite, includes double walk-in closets, a shower, a separate garden tub, his and her separate sinks/vanities, and a separate toilet area. The split floor plan ensures your family has plenty of room and storage. On the opposite side of the house, you'll find three additional bedrooms, all with actual closets, a spacious inside laundry room, and an air-conditioned 2-car garage for more storage. Additionally, there is a bonus room great for a home office. The third bathroom would be perfect for a pool bath, with plenty of room in the backyard for a pool with this home. Additional features of this home include an air-conditioned garage, a screened-in back patio, and gutter/downspouts—all amenities that may not come with a new build. Located within the Sugarmill Woods Golfing Community and just minutes from the Gulf, you can enjoy swimming with the manatees and other water activities. The property is conveniently close to the Toll Road/589, within an hour of Tampa International Airport, and roughly an hour and a half from Orlando. The home is priced to sell. This gem of a home won't stay on the market for long—act fast! Don't miss out on seeing this beautiful home; schedule your showing today!
You may be able to put down less than the total down payment amount of $140,319 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: #w7865877