16536 Caldwell Ln Spring Hill, FL 34610
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About this home
Discover your private retreat on this unique 4.75-acre estate in the heart of Spring Hill! This charming 3-bedroom, 3-bathroom property offers a blend of comfortable living and exceptional outdoor amenities perfect for equestrian enthusiasts, hobby farmers, and those who love to entertain. The property boasts two separately fenced paddocks, ideal for horses, goats, chickens, or other animals. Multiple outbuildings provide endless possibilities for storage, workshops, entertaining, animal shelter or even creating your own personalized spaces. Imagine a screened-in party room for gatherings, a dedicated workshop for your projects, or ample storage for all your equipment. A convenient carport offers covered parking. Covered RV storage and an RV hookup adding even more versatility for visitors or your own adventures. Mobile home on property used for storage. Enjoy the Florida sunshine in your above-ground pool, complete with an attached covered deck – the perfect spot for relaxing poolside or hosting summer barbecues. No HOA Located in a prime Spring Hill location, you'll appreciate the tranquility of acreage living while being just minutes away from the Suncoast Parkway (589) for a quick commute to Tampa. Enjoy the convenience of nearby shopping, diverse dining options, and various entertainment venues. Nature lovers will enjoy the close proximity to the famous Weeki Wachee Springs State Park, where you can swim/kayak/paddleboard in crystal-clear waters and see the iconic mermaid shows. Don't miss this incredible opportunity to own a versatile property with room to roam and grow in a fantastic location!
Source: STELLAR #TB8381395
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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.