865 58th Ave S, Saint Petersburg, FL 33705
3 beds · 2 baths · 1,768 sqft
Imagine a home that seamlessly blends vintage charm with modern convenience. This residence, nestled in the heart of Saint Petersburg, is your dream come true. No HOA fees means you have the freedom to customize and enjoy your property with minimal restrictions. Step inside and be captivated by the spacious living area, bathed in natural light. The open floor plan creates an inviting atmosphere, perfect for entertaining. The kitchen boasts sleek countertops and stainless steel appliances, inspiring culinary creativity. Retreat to the serene bedrooms, each offering a peaceful escape from the hustle and bustle of daily life. Beyond the interior, this home offers a generous outdoor space. The expansive lot provides endless possibilities for gardening, outdoor entertaining, or simply enjoying the Florida sunshine. The lush landscaping creates a tranquil setting, perfect for relaxation and rejuvenation. This home is more than just a dwelling; it's an investment in your future. Equipped with state-of-the-art solar panels, you can enjoy significant energy savings and reduce your carbon footprint. This prime location offers easy access to a plethora of amenities. Within a short 15-minute drive, you can explore the vibrant downtown St. Petersburg scene. Relax on pristine beaches in under 30 minutes, or conveniently shop at major shopping centers within a 10-minute drive. Don't miss this opportunity to own a piece of Saint Petersburg history. Schedule a viewing today and discover the endless possibilities that await you. HVAC 2022, Roof 2020, Solar Panel 2021
Source: STELLAR #gc526638
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #gc526638
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: #gc526638
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.