8438 DAY ST, Spring Hill, FL 34606
SUPER MOTIVATED SELLER!!! BRING YOIUR OFFERS TODAY!!! Where will you find a NEW Roof, AC, Hot Water Heater, Drain Field and More at this Super Low Price. You are going to Instantly FALL IN LOVE with this Darling home!! This Meticulously Kept 3 Bedroom 2 Bath home has New Everything Including Roof and the AC, Water Heater, Drain Field, Floors and more so it Checks off EVERY BOX that a home Buyer is Looking for & Needs!!! All your big items are taken care of!! This Well Loved & Maintained Home has a great Yard and a porch to sit back and relax and enjoy the Tranquility of your beautiful Backyard. With an Open Concept and a Split Plan Design, this home offers so much for those that want to entertain and be a part of the activities in the Home. The Vaulted ceilings really opens up the Dining Room Family Room combo and the darling kitchen nook is great for coffee or breakfast in the morning. Newly painted inside, the colors are relaxing and perfect for you to move right in. Inside Laundry and great area with extra storage!! The Day St Home is perfectly located in the Heart of Spring Hill and only a few Moments to Buccaneer Bay, Weeki Wachee Springs, Pine Island Park, the Beaches, Springs, Gulf of Mexico, biking/hiking trails and so much more. It is also centered between the Best Shopping, Restaurants, Wineries & Breweries, Entertainment & Theaters as well the Best Medical Facilities in the area. No HOA, No CDD, no Deed Restrictions, plenty of room for a pool and a great Jungle Gym Swing Set for Kids & Grandkids. Hurry and schedule your showing today as this home is priced to Sell Quickly!! It has Everything you need and more!! Welcome Home to DAY ST!!!
You may be able to put down less than the total down payment amount of $101,742 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: #w7866056