7410 64th St E, Palmetto, FL 34221
4 beds · 3 baths · 2,427 sqft
REDUCED!! Motivated Seller. No CDD and low HOA fee. Solar system, electric bills run around $50. Two Primary bedroom setup with each having their own ensuites. It's a fantastic floor plan for entertaining. This perfect house is situated on a corner lot with 4 bedrooms, bonus room for possible 5th bedroom/den/office, 3 full bathrooms, nice large screened lanai, 3 car garage, newer AC, newer hot water tank, whole house water softener system, and Solar. Yes, enjoy low power bills with the solar system installed. The Primary Suite has a large walk-in closet and 2 additional hall closets for extra clothes, shoes, and storage. The Primary bath has a garden tub with separate large tiled shower, and a double sink vanity. There is a second in-law primary bedroom and bath with tub/shower combo. It's a great home and great location for schools to simply walk to either Virgil Mills Elementary and/or Buffalo Creek Middle just across from Sheffield Glenn Community's Entrance. The kitchen has beautiful wood cabinets and granite counter tops, stainless steel appliances, a breakfast bar, closet pantry, and a nice size dinette for those quaint tea time gatherings. Come see this wonderful house with so many possibilities for large families, multi-family situations, or just someone who loves a big home for lots of guests. It's waiting on new occupants. Great location to all the new growth in Parrish. There's a brand new state of the art hospital within minutes scheduled for 2025 opening. Restaurants, shopping, healthcare, dentist, hiking, and dog parks are all nearby. St. Petersburg, Tampa, Bradenton, Sarasota and Lakewood Ranch are all within minutes. And, the beautiful beaches are minutes away for fun or watching the magnificent sunsets. Let's get a new owner enjoying this wonderful home.
Source: STELLAR #a4618641
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4618641
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: #a4618641
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