9750 Baxley Ln, Port Richey, FL 34668
3 beds · 2 baths · 1,346 sqft
Discover this exceptional 3-bedroom, 2-bathroom home situated on a spacious corner lot in Port Richey - where modern updates and classic charm combine to create the perfect haven. This home offers a 2021 AC & roof, and a private pool, ideal for enjoying the Florida sunshine and outdoor living. Notably, the property experienced no damage or flooding from the recent storm, providing peace of mind. As you enter, you'll be greeted by an open floor plan with wood-look vinyl flooring and unique accent wood paneling. The interior features ceiling fans and new double-pane windows to ensure comfort throughout the year. The custom kitchen and dining area are a culinary enthusiast’s dream, featuring a retro refrigerator, stainless steel dishwasher, microwave, oven, and a farmhouse sink. The kitchen also boasts a breakfast bar, abundant custom cabinets, and a Reverse Osmosis system for pure, fresh water. Adjacent to the kitchen, a built-in desk offers a convenient workspace. The spacious bedrooms are enhanced with barn closet doors, and both bathrooms have been thoughtfully updated with modern vanities. The versatile living room could easily be converted into a 4th bedroom to suit your needs. Step outside to the covered, screened-in lanai, perfect for relaxing and entertaining while staying protected from the elements. The fully vinyl-fenced backyard is the perfect Florida oasis, offering ample space for swimming, gardening, or simply unwinding. Located close to shopping centers and restaurants, this home combines comfort, style, and convenience. Don’t miss the opportunity to make this unique property your own!
Source: STELLAR #u8255868
Source: STELLAR #u8255868
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: #u8255868
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.