7240 Hamilton Rd, Bradenton, FL 34209
3 beds · 3 baths · 1,520 sqft sqft
HUGE 30K PRICE REDUCTION. ALL reasonable offers will be considered. Maintenace free living at it finest here at Palma Sola Trace. This beautiful unit is the Carlisle townhouse unit, which is one the largest floor plan in the community. As you enter through your landscaped shaded walkway, you are greeted with an open concept dining and living room combo just off kitchen area. Joining the garage for easy entry to this beautiful unit. Screened Laini off Living room that's sure to please, tranquil stream just out your back door. And wildlife is absolutely beautiful, while enjoying your am coffee, or evening adult beverage. Galley kitchen with granite, all wood cabinetry and stainless-steel appliances. You also have a nice size pantry for all your kitchen needs. 1 car Garage is conveniently located off kitchen, with additional tandem parking spot with extra guest parking, as well as guest parking across street. Upstairs you will find Primary bedroom and bath with large walk-in closet. Updated Primary bathroom, Single vanity with granite counter. additional 2 bedroom and bath are at end of hallway. Giving extra privacy. Both nice size bedrooms with shared bathroom, tub and shower combo, with granite counters. Both additional bedrooms are large enough for queen beds and furniture. Laundry is located upstairs as well, HOW awesome is that.! So, no tugging laundry up and down the stairs. Convenient location to shopping dining, and just minutes to the world-famous beaches of Anna Maria Island. Community pool, Pet friendly community. Perfect for a seasonal or full-time resident.
Source: STELLAR #a4606700
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4606700
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.
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: #a4606700