8718 Preston Woods Ct, Land O Lakes, FL 34638

WELCOME HOME to this beautiful 3-bedroom, 2 1/2-bathroom, WITH AN OFFICE home in the well-sought-after community is ready for its new family. As you enter the community you will come to a 24-hour manned guardhouse. The home is on a cul-de-sac. You will notice the mature and professionally maintained landscaping as you drive into the long driveway. As you enter the home you will be greeted by a wide entry with a tray ceiling. The home offers high ceilings and neutral wall colors will accommodate any personal style and decor. The split floor plan offers the convenience of having the secondary bedrooms and the office away from the owner’s suite. The home features a large office with double doors perfect for those who work from home or need a quiet space to study. It can also be used as a 4th bedroom, guest room, or playroom. There is a spacious laundry room with a laundry tub and shelving for storage. The hallway, formal dining room, and living room have crown molding, big windows for natural lighting, and plenty of space for entertaining guests. The hallway and living room also have tray ceilings for an elegant touch to the space. All windows have faux wood blinds. There is a half bath convenient for guests. The home also has a family room off the kitchen area and offers an open concept making it great for entertaining or everyday life. The kitchen has stainless steel appliances, granite countertops, a breakfast counter island, 42-inch cabinets, and a pantry providing ample storage space for all your culinary needs. A spacious breakfast nook surrounded by windows offers natural lighting and views of nature. There are NO RUGS in this home! The main living areas have ceramic tiles throughout. The bedrooms and office have beautiful wood plank-like tiled flooring. The owner's suite offers 2 closets, and separate vanities with a walk-in shower and a separate tub. The bedrooms are spacious and provide plenty of natural light. The screened-in lanai is perfect for enjoying the Florida weather while having your morning coffee or evening cocktail. The yard offers views of the conservation area and is great for grilling and family gatherings—NO REAR NEIGHBORS. The 2-car garage has overhead racks for storage and a regular door to conveniently access the outside of the home. The long driveway provides ample off-street parking for residents and guests. The location is perfect for those who value a quiet and peaceful living environment. The community offers a variety of amenities, making it an ideal location for those who enjoy an active lifestyle. The plus is the home is located within close walking distance of the community’s amenities. The community has a 12,000 sq. ft. clubhouse with a lap pool, a recreational pool, and a splash pool for the little ones. A 24-hour gym with a yoga and fitness room, tennis/pickleball/basketball courts, a playground, a fishing dock, an amphitheater, and a dog park round out the amenities. The community is close to shopping centers, restaurants, and parks. Commuters will like the accessibility to Tampa via I-75 and the Veteran's Expressway. It is also a well-sought-after school district with A-rated schools. This home is move-in ready and waiting for you to make it your own!

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

• Buyers
• Agents
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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.

Last updated: Nov 21, 2024 09:55 am

Listing agent: Jenny Hughes (813) 360-5696

Listing provided courtesy of: COLDWELL BANKER REALTY (813) 977-3500

Details provided by STELLAR and may not match the public record.
MLS ID: #t3541279

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