8477 Foxfire Rd, Brooksville, FL 34613
3 beds · 2 baths · 1,631 sqft sqft
RELAX IN QUIET COUNTRY COMFORT in this adorable farmhouse style 3 bedroom 2 bath house on 2.7 fully fenced and gated acres in Brooksville. Privately set back in the woods, this house boasts a welcoming front porch with picturesque views of the adjacent pasture beyond. Sip your coffee and watch the sunrise or kick back and enjoy end-of-the-day cocktails as twilight dances on the beautiful pastoral view around you. This charming home has a 2-car garage, 3-stall horse barn crossed fenced pasture, and 16 x 20 ft storage shed/work shed. Plenty of space for your horses and favorite toys! You can also splash your troubles away in the brand new (2024) inground pool with paver patio that is perfect for entertaining. Other features include a new well pump (2024), newer roof (2022), septic system (2022), updated kitchen (2021) with new appliances (2024), updated bathroom (2021), new laundry room (2024) and newer air conditioner (2015). Located off State Route 50 (Cortez Blvd), close to the Suncoast Parkway, this home offers country living while being convenient to local shopping, restaurants, the Tampa International Airport (50 minute drive), Weeki Wachee State Park and river, Homosassa Springs and State Park, Crystal River and Three Sisters State Park, Pine Island State Park beach and several Hernando County scalloping locations. It truly has it all. Come see it before it’s gone. Seller to confirm all measurements
Source: STELLAR #om689195
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #om689195
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: #om689195
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.