9180 TARA CIR, Milton, FL 32583
This five-bedroom home, built in 2021, (Transferrable Builder's Warranty in effect until 2031) blends modern design with practical elegance. Its open floor plan creates a seamless flow between the main living spaces, offering a sense of spaciousness and connectivity. Upon entering, you're greeted by a large, airy foyer leading to the heart of the home—a bright and expansive living room with ample windows, flooding the area with natural light. The living room flows into the kitchen, featuring an extra large pantry, a large island, quartz countertops, stainless steel appliances, and custom cabinetry. Adjacent to the kitchen is a dining area, perfect for entertaining. The five bedrooms are well-distributed, offering privacy and comfort. The primary suite is a luxurious retreat, and an ensuite bathroom featuring dual vanities, a separate glass-enclosed shower, and a laundry room that offers direct access to the primary suite. Conveniently connecting to the walk-in closet, the primary bathroom, and the bedroom itself, the laundry room makes household chores more seamless. 9180 Tara offers two bedrooms at the front, sharing a spacious bathroom. In the rear of the home, two additional bedrooms share another well-appointed bathroom, offering a similar layout with easy access from both rooms. Perfect for guests or family members, this area provides privacy and convenience. This careful distribution of rooms, combined with the open floor plan and convenient laundry access from the primary suite, creates a perfect blend of communal living and personal retreat spaces throughout the home. The additional office provides a quiet space for remote work or study. Located on a corner cul-de-sac lot, the home offers a larger yard with ample space for outdoor activities or gardening. The fenced in backyard can be accessed through from the living area, leading to a covered patio perfect for outdoor dining or relaxation.
You may be able to put down less than the total down payment amount of $144,310 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: #652168