924 Preservation St, Bradenton, FL 34208
3 beds · 2 baths · 1,977 sqft sqft
Welcome Home to Tidewater Preserve, a luxury boating community in the heart of Bradenton. This 3 bedroom, 2 bath home is perfect for entertaining or escaping it all. Upon entering, you are enchantingly lured toward the crystal blue waters of the private heated pool and spa. Fountains cascade down into the sparking blue saltwater capable pool. Complete with retractable Sunbrella awning for shade on a warm day. A handsome outdoor kitchen evokes thoughts and scents of afternoon barbecues. A grand open floor plan invites you indoors to view expansive rooms adorned with tray ceilings, engineered hardwood floors and granite countertops. Pour yourself a glass of wine on a stormy night and rest easy, knowing that you are safe and sound behind hurricane impact windows and doors. Soak you cares away in the garden tub before drifting off to sleep in this stately primary bedroom. When you awaken from a long night of slumber, you will have absolutely no excuse for boredom! In this maintenance free community, you will find three refreshing pools, two clubhouses, a billiards room, two fitness centers, three lighted Har-Tru hydro tennis courts, a playground, dog park, a marina with annual slip rentals and boat lift, as well as a kayak launch with rentable kayak storage. Or... you can quiet your mind in the nature park and follow a winding trail that leads you to where the water kisses the sky at the Manatee River Overlook. Tidewater Preserve is just 15 miles to the award winning, powdery soft beaches of Anna Maria Island. Come and fall in love with this home and its community today!
Source: STELLAR #a4621039
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4621039
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: #a4621039
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.