8339 75TH AVE, Seminole, FL 33777
Welcome to your dream home in the friendly community of Seminole! This beautifully updated 3-bedroom, 2-bathroom residence is a perfect blend of modern comfort and coastal convenience, just minutes away from the pristine beaches of Florida's Gulf Coast. As you step inside, you'll be greeted by an open, airy living space, highlighted by brand-new flooring (2024) that seamlessly flows throughout the home. Freshly painted walls (2024) create a clean and inviting atmosphere, ready for you to personalize and make your own. The heart of this home is a stylish kitchen, featuring modern appliances, ample cabinetry, and a convenient layout that makes meal preparation a breeze. Whether you're cooking for a crowd or enjoying a quiet dinner at home, this kitchen is sure to inspire your culinary creativity. The home boasts three generously sized bedrooms, each offering a comfortable retreat with plenty of natural light. The primary suite includes a private en-suite bathroom, while the additional two bedrooms share a well-appointed second bathroom, perfect for family or guests. Significant updates have been made to ensure worry-free living, including a new roof installed in 2022, a new water heater in 2021, and a new electrical panel in 2021. These essential improvements provide peace of mind and add tremendous value to the property. Step outside to your private backyard oasis to enjoy the Florida sunshine. The outdoor space is perfect for barbecues, gardening, or simply relaxing after a day at the beach. Location is key, and this home offers the best of both worlds – a peaceful neighborhood setting with the convenience of being just minutes from some of Florida's most beautiful beaches. You'll also find shopping, dining, and entertainment options nearby, ensuring you're never far from everything you need. Don't miss your chance to own this meticulously updated home in the heart of Seminole. Schedule your private tour today.
You may be able to put down less than the total down payment amount of $96,791 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: #t3531461