8309 W Elm St Tampa, FL 33615
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About this home
****New lower price—amazing value!!!!!***The seller is also offering $5,000 towards buyer's closing costs or rate buy-down*****Welcome to your dream home!!!--An absolutely stunning split-level oasis that has undergone major renovations since ownership, offering the perfect blend of modern luxury, functionality, and true Florida living. This beautifully updated 4-bedroom, 3-bath home features 3-levels of elegant and spacious layout. Inside, enjoy a generous-sized living room with newly installed elegant zebra shades that enhance the home’s modern look and provide versatile light control. A spacious Florida room located on the lower level enhancing the home’s living space with a warm, welcoming ambiance and endless possibilities for leisure or entertaining. This home has tile flooring on the lower levels and warm wood flooring upstairs for a stylish and comfortable layout. All bathrooms have been fully renovated and are equipped with high end porcelain tile, floating vanities, and glass-enclosed showers, giving each space a sleek, spa-like feel. The open kitchen-dining combo shines with rich wood cabinetry, stainless steel appliances, and specially designed, scratch-proof granite countertops Ideal for both everyday life and entertaining. Laundry room with Brand New Maytag Washer and Dryer. Step outside to your private backyard retreat, featuring a resurfaced in-ground pool (2023), fully screened-in for year-round enjoyment complete with LED lighting for stunning nighttime ambiance. The full outdoor kitchen, completed with a built-in grill and gas stove, makes weekend entertaining a breeze. The ample concrete-and-paver driveway easily accommodates boats, trucks, and toys. With no HOA and no CDD, you're free to live as you please! Other upgrades include a new roof and HVAC system (2019), Stucco exterior, water softener, pavers in front and back patio and a fully equipped alarm system with cameras for added peace of mind. Bonus: Flood insurance is under $700 annually and only required for the lower level (this level can easily be converted into a mother-in law spacious suite as well for extra income). This home sustained absolutely no damage from past hurricanes. Move-in-ready gem that has all modern updates, spacious living, freedom from fees, and unbeatable outdoor living. Don't miss your opportunity to call this one-of-a-kind property home. Virtual tours are attached to this listing for a complete walkthrough experience, enjoy and call today for a private showing!!!!!
Source: STELLAR #TB8404069
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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.