8209 Down Royal Rd Tampa, FL 33610
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About this home
Welcome to an exquisite opportunity at 8209 Down Royal Road in Tampa, FL. This elegant townhome, nestled within a gated community, offers a modern living experience with its recent updates and luxurious amenities. Step into a beautifully crafted space featuring 1,855 square feet of refined interior. The home boasts three spacious bedrooms and two and a half well-appointed bathrooms, providing ample room for comfort and privacy. Recently installed luxury plank vinyl flooring flows seamlessly throughout the open floor plan, exuding a contemporary charm that is both elegant and inviting. The heart of the home is the stylish eat-in kitchen, showcasing newly added quartz countertops and sleek stainless steel appliances. This modern culinary space is perfect for both everyday meals and entertaining guests. Relax in the comfort of your central air-conditioned and heated home, or enjoy leisure time in the expansive screened lanai—a perfect retreat for private relaxation. The primary suite is a true highlight, featuring a new custom-built closet system that offers both functionality and a touch of sophistication. Additional conveniences include an attached garage, providing secure parking and storage. The community itself enriches your living experience with access to not one, but two sparkling pools, a playground, and a pet-friendly environment with a dedicated dog park. Positioned on a pond front lot, this townhome not only offers a desirable living space but also a community-oriented lifestyle. Don't miss this unique opportunity to claim a piece of modern elegance in Tampa's vibrant setting.
Source: STELLAR #TB8439345
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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.