924 Preservation St, Bradenton, FL 34208
3 beds · 2 baths · 1,977 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to Tidewater Preserve, a premier luxury boating community in the heart of Bradenton! This exceptional, Category 5 hurricane-rated home is designed to offer unparalleled peace of mind, with superior construction that meets the highest standards for storm resilience. Built with impact-resistant windows, reinforced steel framing, and hurricane-grade roofing, this property is not only a luxurious retreat but also a fortress during extreme weather. This stunning 3-bedroom, 2-bathroom home is the ultimate retreat, offering the perfect blend of indoor and outdoor living. From the moment you enter, the breathtaking views of your private heated pool and spa will captivate you. Relax to the soothing sounds of cascading fountains in your tranquil saltwater pool and enjoy the comfort of a retractable Sunbrella awning providing shade on sunny days. The outdoor kitchen is perfect for entertaining, filling the air with the aroma of summer barbecues. Inside, the grand open floor plan greets you with spacious rooms, tray ceilings, engineered hardwood floors, and elegant granite countertops and stainless steel appliances. After a long day, unwind in the luxurious primary bath's garden tub, and retreat to the stately primary bedroom for a restful night’s sleep. Tidewater Preserve’s vibrant, maintenance-free community offers an array of amenities designed to enhance your lifestyle. Take a dip in one of three sparkling pools, enjoy the two clubhouses, or challenge friends to a game in the billiards room. Fitness enthusiasts will love the two state-of-the-art fitness centers, while tennis lovers can make use of three lighted Har-Tru hydro tennis courts. The community also offers a playground, dog park, and marina with annual slip rentals and boat lifts. For outdoor adventure, enjoy the kayak launch and rentable kayak storage, or explore the nature park and winding trails leading to the breathtaking Manatee River Overlook. Located just 15 miles from the award-winning beaches of Anna Maria Island, Tidewater Preserve offers the ideal mix of luxury living, recreation, and natural beauty. Don’t miss the opportunity to make this exceptional home and vibrant community yours today!
Source: STELLAR #A4621039
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #A4621039
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.