7218 SEEDPOD LOOP, Wesley Chapel, FL 33545
New Price Reduction & New Roof Alert! Welcome to your dream home in the sought-after Bridgeview Village, nestled within the exclusive gated community of Watergrass! This stunning 4-bedroom, 2.5-bathroom gem is where modern luxury meets timeless elegance, surrounded by lush, mature trees and impeccably landscaped gardens. With a 2-car garage and inviting curb appeal, this home is sure to captivate you from the moment you arrive! Step inside and be wowed by the open floor plan, featuring gleaming Bamboo flooring throughout. The heart of the home is the chef’s kitchen, boasting 42" Espresso cabinets, sleek granite countertops, top-of-the-line stainless steel appliances, and a spacious island perfect for entertaining while overlooking the sunlit family room and dining area. Head upstairs to your luxurious master suite, complete with a sprawling walk-in closet and an en-suite bathroom that’s pure bliss, featuring dual sinks, a walk-in shower, and a relaxing jetted soaking tub. Need extra space? The expansive loft is perfect for a game room, home office, or cozy retreat. But that's not all! This home has been thoughtfully upgraded with a brand-new roof, a new AC installed in 2023, a new microwave installed in 2022, and a water softener installed in 2022—everything you need for worry-free living! The outdoor space is just as impressive, with an oversized paver patio and a fully fenced backyard—ideal for barbecues, playtime, or simply soaking up the Florida sunshine. Located directly across from a park, this home offers the best of both worlds—tranquility and community. Living in Watergrass means you’ll have access to incredible amenities, including a zero-entry pool, lap pool, state-of-the-art fitness center, clubhouse, playground, tennis courts, and more! Plus, you’re just minutes away from shopping, dining, and endless entertainment options. Don’t miss out—this home is a true treasure waiting for you to call it your own!
You may be able to put down less than the total down payment amount of $270,512 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: #t3520722