6822 Potts Rd Riverview, FL 33569
Your savings
About this home
One or more photo(s) has been virtually staged. Welcome to your private oasis — just minutes from Brandon, Valrico and Riverview's top shopping, dining, and only 12 minute access to I-75! This beautifully updated Ranch style home sits on a spacious 1acre lot with no HOA, no flood zone, and plenty of room for your RV, boat, or animals—bring your horse, goats, or chickens (zoned ASC-1)! Inside, you’ll love the open floorplan featuring a gorgeous remodeled kitchen (2020) with a large island, tons of cabinetry, and modern finishes. Both bathrooms are also tastefully updated in 2020. The master suite offers a large walk-in closet and spacious bathroom for your own private retreat. Major updates include a new roof (2022), new electrical panel (2023), and A/C system (2019) and propane water heater (2025). Step outside to the huge screened lanai with pool and spa, perfect for entertaining or relaxing in total privacy. There's even a pavilion in the back for RV storage and a massive driveway to accommodate all your toys. Set in a quiet neighborhood with large 1–3 acre lots, this property blends comfort, space, and freedom—all in an unbeatable location.
Source: STELLAR #TB8432513
Loan details
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.