8448 BARDMOOR PL, Seminole, FL 33777
PRICED BELOW CURRENT APPRAISED VALUE!! INTERIOR HAS BEEN FRESHLY PAINTED FROM TOP TO BOTTOM!! Welcome to this 4-bedroom and 3.5-bathroom Pool Home situated on over a 1/3 of an acre lot in the highly desirable Golf and Tennis Community of Bardmoor Country Club. Step inside to discover an open layout, with a stately living room that features vaulted ceilings and an impressive stone fireplace and hearth that spans the entire front wall. The dining room is complete with a built-in wine fridge and bar that is just perfect for entertaining. From there you will find your chef's kitchen with stainless steel appliances, quartz countertops, ample cabinet space and large hall pantry. Find serenity in the main bedroom with a European Style walk-in shower and free-standing deep soaking tub that creates a spa like experience. The second floor offers three more bedrooms as well as an extra room that can be used as an office or flex space. Venture outdoors to your own private oasis where the pristine pool and sprawling lanai create an inviting space that is ideal for summer cookouts and festive gatherings. The backyard isn't only massive but it is also maintenance free with premium turf. There is a 2-car garage and a full house generator that is rarely needed with all community utilities being underground. With just a little fine tuning this updated gem could be your dream home! Centrally located, just minutes to the World-Famous Gulf Beaches with an array of dining, shopping and more to explore, this home offers the perfect blend of Florida Living and modern convenience.
You may be able to put down less than the total down payment amount of $47,627 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: #u8244241
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.