8853 BELLA VITA CIR, Land O Lakes, FL 34637
Resort-style living meets everyday luxury, and this stunning Taylor Morrison home offers the perfect blend of spaciousness and elegance. With 4 bedrooms, 3 ½ bathrooms, and an office, this open-concept home is the Florida lifestyle you've been searching for. Your own private oasis: a heated saltwater pool with waterfalls, a sandbar, and a bubbling spa. Beautiful Italian porcelain tile throughout the house. The gourmet, natural gas kitchen has high-end appliances, an abundance of cabinets, and an oversized granite island, creating a chef's paradise. Windows surround the dining room. The great room is light and airy with 10' high coffered ceilings, surround sound, and sliding glass doors leading to the paver tile pool. Retreating to your restful primary suite is a joy. Sunlight filters through the bow windows. Room for all your wardrobe in the two walk-in closets. Luxuriate in the soaker tub or enjoy a relaxing rain in the tiled shower. This home features a rare bonus: the upstairs multipurpose room. Here are a few thoughts: a media center, playroom, or office. Also, on the second floor, you have another en-suite bedroom, two more bedrooms, and the third full bathroom. Let's step outside and walk around the fenced grounds. The spacious covered lanai is pre-plumbed and wired for an outdoor kitchen. A pavered deck surrounds the most deluxe pool. A sandbar to cool yourself when sunbathing, a waterfall and fountain emanating from the spa, saltwater to reduce the need for harsh chemicals, and it is heated so you can be comfortable year-round. This home has been meticulously maintained, with both AC systems newly replaced with upgraded units; the exterior has been fully repainted and comes with a full warranty, and designer carpeting was recently installed. The property is situated on a premium conservation lot (no rear neighbors) within the gated community of Gardenia Glen, adding an extra layer of privacy and security to your living experience. The HOA provides landscape/lawn maintenance. Beyond the confines of your beautiful oasis, Connerton Village beckons you to enjoy a vibrant community lifestyle. Dive into the refreshing waters of the community pool, explore the lush garden park, or stroll along the multiple trails. Connerton Village also offers multi-use ponds where you can indulge in non-motorized activities, fostering a sense of connection with nature. You deserve to live in paradise!
You may be able to put down less than the total down payment amount of $328,391 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: #t3546169