7628 Surf Reed Way Wesley Chapel, FL 33545
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About this home
*** MOTIVATED SELLERS *** This MI Homes Dali model is listed below other comparables in the community for a quick sell. For qualified buyers, seller is open to VA Assumable Loan at 2.25%! Discover the pinnacle of comfort and leisure with this exquisite 5-bedroom, 3-bathroom home nestled in the vibrant and highly desired Epperson Lagoon community of Wesley Chapel. Boasting an impressive 3,292 square feet of upgraded interior space, this property caters to those with a discerning taste for quality and design. Situated in a quiet cul-de-sac in the back of the community, this corner lot home promotes a sense of peace and privacy. The open-concept layout seamlessly connects to a vibrant living area making it an entertainer's dream. With one of the largest lots in the neighborhood, there is plenty of space for outdoor activities. Upon entering, you will be amazed by the bright and spacious living area and office, featuring high ceilings and upgraded vinyl flooring throughout. This spacious kitchen exhibits granite countertops, upgraded stainless steel appliances, a large center island, and high-end finishes perfect for culinary adventures. The adjacent office is perfect for anyone working from home or could be converted to additional living space. Located on the second floor, the master suite is a retreat with his/her walk-in closets, and an en-suite bathroom featuring dual sinks, and a separate shower. This home also has four additional bedrooms with one being downstairs to host family members or guests. Upstairs, discover a large entertainment area that is perfect for hosting movie night. Both the driveway and large outdoor space are pavered. The patio features a spectacular backyard including a hot tub and outdoor kitchen equipped with top-tier appliances including a granite countertop bar with refrigerator, outdoor rated television, and sound bar. The bar with three taps will surely entertain your guests while you watch your exterior rated television valued at $4,000. Community features are top notch with the iconic 7-acre Crystal Lagoon just a stone's throw away, along with local favorites like Publix, Starbucks, and Chick-fil-A. Drive there on your golf cart in this golf cart approved community. Brand new Kirkland Ranch Academy of Innovation is also within a golf cart ride away to pick up your little ones. Readily located in Wesley Chapel, this home is near top-rated schools, shopping centers, dining options, and recreational facilities. With easy access to major highways, commuting to Tampa or other nearby areas is very convenient. This community is located about 10 min. from KRATE, 35 min. from Downtown Tampa, 45 min. from Tampa International Airport, and 90 min. from Orlando and Walt Disney World. For those seeking a blend of luxury, comfort, and convenience look no further. This is not just a place to live, but a lifestyle to embrace!
Source: STELLAR #TB8388511
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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.