1130 Blackwell Rd Marietta, GA 30066
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About this home
3.875%InterestRate available on this home*...BUY THIS HOME, WE"LL BUY YOURS!*...This thoughtfully updated executive-style residence is what your family’s been craving…Sophistication, Comfort, and Freedom! Located in the East Cobb school district and designed with both elegance and functionality in mind…this home balances refined living spaces with modern upgrades at every turn. Step in off the spacious custom stone front patio into a welcoming open 2 story foyer that flows seamlessly into the open family area...featuring large family room, upgraded open kitchen (new appliances, new quartz, modern cabinets, recessed lighting and functional island), breakfast/coffee nook, and eating area. The living room and dining room flow off the kitchen…creating a perfect layout for entertaining and everyday living. A dedicated office, remodeled half bath, impressive wood deck and 3-car garage wrap up the main level. Upstairs, discover an ample amount of space with a large landing area, four bedrooms and three full baths, including a luxurious custom primary suite with a sitting area, fully renovated bathroom (you’re going to love this...have you ever experienced a copper tub?), hardwoods, and customized closet. Three spacious secondary bedrooms feature updated baths and plush carpet with one being a large guest or teen suite w/ full bathroom. The upgraded 1400 square foot basement reveals custom finishes throughout with a large entertainment area (TVs, custom bar with bar stools, sink, frig, and tasteful custom trim and paint), a bonus room (5th bedroom or theater room), nice unfinished area for storage, craft/workshop room, and yet another full bath. Additionally you’ll find access to the covered water proof stone patio, large fenced open backyard with a stone walkway to front of house. Extra features include solid wood doors throughout, whole house water filtration system, updated lighting throughout, irrigation system, Epoxied garage floor, and new attic foam insulation. From the elegant finishes and thoughtful upgrades, to the large private lot, this home is ready to welcome its next owners with style, security, and plenty of room to live, work, and play. *Special Financing Programs...CallListingAgentForDetails
Source: FMLS #7638947
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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.