7306 Samuel Ivy Dr, Tampa, FL 33619
4 beds · 3 baths · 1,805 sqft sqft
Welcome to your beautiful new home! Located in the desirable Touchstone community, this immaculate two-story home offers modern living with 4 bedrooms, 2.5 bathrooms, and 1,805 square feet of thoughtfully designed space. This Madrid II model home combines contemporary style with functionality, perfect for both relaxation and entertaining. Because this home was built by Lennar in 2020 there is no need to worry about a new roof, hot water heater, or A/C. With the added benefit of a newly installed solar panel system, you will enjoy a cost efficient energy bill ranging on average from $20-$30 a month! Double pane windows throughout and custom hurricane shutters is an added bonus! As you enter the home, you will be greeted by an open floor concept, beautifully integrating the living room, dining room and kitchen. The kitchen has a large island with farm style sink, and pantry for extra storage which flows into the family room. A convenient half bath is located on the main floor for guests. Upstairs, the spacious master suite features a dual vanity, spacious walk-in closet, and shower. The additional bedrooms are generously sized, and the guest bathroom includes a single vanity and tiled tub/shower combo. The laundry room in conveniently located upstairs near all 4 bedrooms. The loft area can be used for an office or play area! Exit the glass slider to the fenced backyard to find privacy and room for a pool. The Touchstone community boasts a low HOA and offers exceptional amenities, including a pool, playground, gym, and dog park. Ideally situated just off the Selmon Expressway, this home is a quick 15-minutes from Downtown Tampa. You will not want to miss seeing this home and making it yours.
Source: STELLAR #tb8318361
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8318361
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: #tb8318361
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.