11119 Temple Ave Seminole, FL 33772
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About this home
Welcome to this cozy 3-bedroom, 1-bath home located in the heart of Seminole! This MOVE-IN READY property features a bright and functional layout, including a spacious living room, separate family room, and an eat-in kitchen - perfect for entertaining or everyday living. The kitchen was updated in 2021 with NEW CABINETS, QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES, and modern finishes that truly elevate the space. Durable LAMINATE FLOORING was also added in 2021 and runs throughout the home, complementing the FRESHLY PAINTED INTERIOR. Once the temperature drops, cozy up next to the WOOD-BURNING FIREPLACE! The modern bathroom offers stylish touches and spa-like ambiance! Step outside to enjoy a FULLY-FENCED BACKYARD —ideal for pets, hosting, or relaxing evenings outdoors. This home is NOT IN A FLOOD ZONE! Situated in a desirable Seminole location, you’ll enjoy easy access to local parks, top-rated schools, shopping, dining, and just minutes from the beautiful Gulf beaches. Within WALKING DISTANCE to the St. Petersburg College campus, Seminole Library, and Seminole Recreation Center! This is a fantastic opportunity to own a turnkey home in a PRIME LOCATION—schedule your showing today!
Source: STELLAR #TB8419472
Loan details
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45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.