7218 Seedpod Loop, Wesley Chapel, FL 33545
4 beds · 3 baths · 3,248 sqft
Welcome Home to your 4 bedroom, 2 and a half bath, 2 car garage home located in Bridgeview at Watergrass. This home is not only unbelievably spacious, it is located in a quiet and serene area across from a park. Entering the home, you are greeted by an oversized main living room, plenty big enough for large gatherings of family, friends, and colleagues. As you walk through to the back of the house, more space awaits in the combination kitchen, dining, and great room nook. The great room could easily be used as a comfortable family room, rec room, office, coffee bar, cocktail bar, or for homeschooling. The kitchen with 42 inch upper cabinets, granite, and stainless appliances, has been updated with a beautiful natural tile backsplash with new faucet, stove, and microwave. Off the kitchen is the 2 car garage with storage shelving units for all your gadgets and toys. Through the sliding glass doors is the lanai, beautifully outfitted with pavers, great for barbeques on cool fall nights, and a fully fenced backyard perfect for Fido. Upstairs there is a bonus space currently utilized as a second living area, but would be great for a yoga studio, art studio, gaming area, play room, rec room, crafting, office, and more. This home has a space for everyone and everything. The primary bedroom is oversized and features a walk-in closset, comfortable ensuite with double vanity, and separate tub and shower. Three additional bedrooms and a full bathroom occupy the second floor as well. The roof, HVAC, and hot water tank are all new, there simply is nothing to do besides move in. The community features a pool and tennis courts, is gated, and is located just a quick jaunt from the famed Epperson Lagoon, Publix Plaza and other amenities and restaurants. Close to I-275 for commuting or traveling to nearby state parks, springs, and the Gulf. Book your private tour today
Source: STELLAR #tb8311713
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8311713
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: #tb8311713
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.