9240 CREEDMOOR LN, New Port Richey, FL 34654
Seller is Offering $5,625 as Seller Concessions to buyer!!! HOME IS PRICED TO SELL!! Welcome to your next home, where Waters Edge, the upscale gated community, welcomes you with open arms! This beautiful single-level home on a prime corner lot is a total knockout, boasting over 1800 square feet of open floor plan goodness. The gourmet kitchen is a true gem, with shiny new stainless-steel appliances, a sleek breakfast bar, and a gorgeous tile backsplash. Sip your morning coffee on your very own screened-in porch, soaking in the views and sending good vibes out into the world. The primary suite is a true sanctuary, complete with a walk-in closet, a spa-like bath with dual sinks, a giant soaker tub, and a stand-up shower. Oh, and did we mention that the primary suite also has a door that leads out to that beautiful screened-in porch? The fourth bedroom is a generous sized room with double doors, also perfect for a home office. HVAC was replaced in 2016 and the irrigation system replaced in 2023. Take a dip in the resort style community pool while the little ones play on the splash pad! And, if you're feeling sporty, the fitness center, and pickleball courts are just a hop, skip, and jump away. The clubhouse and park are always buzzing with fun activities and events, so you'll never run out of things to do. Plus, with the brand new Ridge Rd extension, access to the Sun Coast Highway, Downtown, Airport, Beaches, and more is a breeze. And, there's plenty of local shopping nearby, from Publix to Hardware stores, Dry Cleaning, Restaurants, Pharmacies, and more. Starkey Wilderness Preserve, with epic trails perfect for hiking, biking, and accessing the Suncoast Trail is just a short drive away. So, get ready to live your best life in this dreamy home!
You may be able to put down less than the total down payment amount of $75,346 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: #w7861043