16313 Newbury Palms Ct Tampa, FL 33647
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About this home
Ask about our preferred lender incentives! 100% financing! No money down! No mortgage insurance! $5000 towards buyer closing costs with signed contract before 11/30/2025 and seller incentive of a $450 standard home warranty package with an accepted offer. You will love the upgraded look of this 3-bed, 2.5-bath townhome in gated Emerald Pointe of Tampa Palms. This kind of home doesn’t come around often enough! Complete with crown molding to accentuate the remodel, this new owner can enjoy this buying process as TLC has already been added to make sure this home is the right fit. A clean palate to create your own, the entire interior has been painted a neutral color top to bottom (even the garage!). Brand-new LVP flooring throughout the main level brings you to the kitchen serving window that connects the living room, stationed above the large stainless steel sink that compliments the look of never-cooked-on Quartz countertops and bright, new, soft close cabinets. The eat-in space is positioned exactly where the kitchen window overlooks the backyard. It's clean, stylish, and totally move-in ready. The separate laundry room with washer/ dryer hookups, half bath, and storage closet contribute to the main living space. The screened-in patio leads from the slider door in the family room where privacy and shade is afforded with vinyl fencing outlining your additional green space. Generous walk-in closets are a bonus for the bedrooms upstairs, providing major additional space as needed, complimented with new carpet from the stairs up. The 2nd bathroom includes an upgraded shower sliding glass door, matching Quartz countertops continued throughout, and a handicap bar for support. Emerald Pointe townhomes get exclusive access to a community pool as well as a private mailbox. Even better, residents clean up after walking their dogs with well-positioned animal waste bags and trash cans. Call this a deal as the reasonable HOA is $220/month. What makes this townhome even more attractive for any buyer? You’ll be located in the highly sought after Tampa Palms school trifecta: Tampa Palms Elementary, Liberty Middle, and Freedom High. Whether you're upsizing, downsizing, or just looking for something that finally feels right, this home brings the space, style, and amenities you've been waiting for.
Source: STELLAR #TB8435449
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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.