831 72nd Ave N, Saint Petersburg, FL 33702
4 beds · 2 baths · 2,228 sqft
NO HURRICANE DAMAGE TO THIS HOUSE!!! WELCOME to this updated pool home in the Fossil Park neighborhood. This huge, modern four bedroom, two full bathroom 2,228 sqft home is perfect for homebuyers looking to be in walking distance of a beautiful public park with a pool, tennis courts, dog park, recreation center, bbq, and so much more. All the updating was just done in the last 5 years. The HVAC works great and has been recently serviced and is regularly inspected. Upon entering the home you are greeted by a bright and open living room, kitchen, and breakfast bar area. The modern kitchen features stainless steel appliances, granite countertops, and generous amounts of storage with the floor to ceiling cabinets. Just to the right of the kitchen is a large dining room which could be used as a second family room area. The master wing is separated from the rest of the house by french doors. There is a large walk-in closest and a bathroom with a double vanity and huge shower. Just outside the master bedroom is a huge Bonus Room so family and guests have a separate area to hang out and watch tv or play games. Head over to the other side of the house where the additional two spacious bedrooms and guest bathroom are located. Indoor laundry room is located in the oversized fourth bedroom. Roof is only 4 years old! The massive backyard includes a beautiful new high end above ground pool with convenient pavers that connect you to the lanai. The owners obtained a quote from a contractor to build a deck around the pool for a very reasonable investment. There is also a very large storage shed with plenty of room for lawn care equipment and so much more. Beautifully manicured tropical trees and bushes are placed throughout the property adding shade and character. A brand new circular paved driveway was also installed recently. Monthly pest control service for preventative maintenance is also an added comfort. Just a couple of blocks from Fossil Park, restaurants, shopping, and banks. Easy access to I-275, Downtown St Pete, Tampa, and the Beautiful Beaches.
Source: STELLAR #tb8303801
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8303801
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 30-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: #tb8303801
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.