1118 Wynnmere Walk Ave Ruskin, FL 33570
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About this home
SELLER PAYING 10K TOWARDS BUYER'S CLOSING COSTS! Welcome home to this stunning corner-lot gem in Ruskin, Florida! This exquisite 5-bedroom, 2.5-bathroom, 2-car garage residence seamlessly blends elegance, functionality, and spacious living. Upon entering, you'll discover an open floor plan featuring a versatile first-floor room perfect for a home office, study, or additional living space. The private first-floor master bedroom ensures tranquil retreat for homeowners. All additional bedrooms, including versatile loft space are conveniently located upstairs, offering private retreats and cozy personal spaces. This thoughtful layout ensures tranquil sleeping areas separate from the main living zones, perfect for relaxing and recharging. Outside, relish the expansive backyard with a turquoise oasis pool ideal for family gatherings, celebrations, or relaxing evenings. The community enhances living with amenities like a sparkling community pool, playground, and dog park. Enjoy convenient access to Ruskin's top dining, shopping, 1 hour from Orlando Parks, 8 minutes from the beach, Solar panels for energy savings and it located between Tampa and Sarasota! Small town vibe with all the nearby conveniences! Don't miss this beautiful property – schedule your viewing today!
Source: STELLAR #TB8435218
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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.