$265,000

1832 Greenhill Dr Clearwater, FL 33755

$1,591/mo at 6.5%
Unlock a lower rate & save over $100K.

Your savings
Compared to a new mortgage.
Principal/interest
Monthly payment

Monthly savings
5-year savings
Lifetime savings

About this home

ATTENTION INVESTORS & CASH BUYERS! Accepting All “AS IS” Offers — Probate Sale Requiring Court Approval, with impending Foreclosure sale. Must act quickly. Don’t miss this excellent investment opportunity! This 1,392 sq. ft. 4-bedroom, 2-bath home offers strong bones, unique custom features, and major utility savings — all located in a high and dry, non-flood zone area. Perfect for a cash buyer ready to close within 2 weeks. Property is currently in probate and will require court approval. Contract and proof of funds must accompany all offers. (No wholesalers, please.) Key Property Features: -Solar Panels (2020) — virtually eliminates electric bills! -Well for Irrigation — free water for landscaping! -Indoor Water Purification System -Roof (2006) — no leaks reported -HVAC (2009) — fully operational -Gas Water Heater — functional (see photo) - Vinyl windows - like new Note: Photos show the property when vacant; seller is currently in the process of moving, so personal items are present both inside and out. This home is occupied. Please do not disturb the occupants. Submit offers in person during scheduled public viewings or email directly to the listing agent. Come prepared to inspect, evaluate, and submit your highest and best — this property will not last long! All offers must be submitted by Monday, Nov. 3 at 12:00 PM (Noon).

4 bedroom
2 bathroom
1,392 sqft
7,218.0 sqft
Single Family
Built in 1957
1 car garage
Air conditioning

Source: STELLAR #TB8442977


Loan details
Loan type
Remaining balance
Remaining term
Neighborhood


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.

View all FAQs
Last updated: Nov 03, 2025 07:39 am
Listing agent: Timothy Aragon (727) 300-2418
Listing provided courtesy of: MELENDY REAL ESTATE (727) 657-8912
Details provided by STELLAR and may not match the public record.
MLS ID: #TB8442977
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.