1120 Bagwell Dr NW Kennesaw, GA 30152
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About this home
Stunning home located at 1120 Bagwell Drive Kennesaw, GA with NEW IMPROVEMENTS/UPGRADES loading! SELLER IS MOTIVATED! This home features a fully updated open-concept kitchen with new stainless-steel appliances added in 2023, custom shelving in the owner’s suite closet and laundry room added in 2022, a freshly painted screened-in deck added in 2023, and a finished basement complete with a full bath, theater room, family room, workshop, fitness/storm room, and generous storage. Major systems have been meticulously maintained and improved, including a new roof added in 2018, full window replacement added in 2016, Nest smart thermostats, storm doors added in 2024, a new garage door and LiftMaster opener with built-in camera added in 2022, and a SafeRack garage storage system added in 2019. A rare bonus includes a 2-year home warranty for your peace of mind. Situated on a spacious half-acre corner lot in the highly desirable Belleterre Subdivision located in award-winning Kennesaw Mountain High School district! This 4-bedroom, 3.5-bathroom home offers both luxury and functionality. The grand entryway opens to a formal living room, dining room, cozy den, and a dedicated office, while the upstairs owner’s suite impresses with a relaxing sitting area and a spa-inspired bath with double vanities, a tiled shower, and a separate soaking tub. Conveniently located near parks, shopping, dining, major highways, Marietta Square, Kennesaw Mountain High, and Kennesaw Mountain National Battlefield Park, this home is a true gem in West Cobb. Schedule your private tour today!
Source: FMLS #7676327
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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.