1204 Commonwealth Ave SW Marietta, GA 30064
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About this home
Discover a lifetime of elegance and tranquility in one of Cobb County's most coveted school districts. The exceptional residence invites you to indulge in resort-style living, with a sparkling pool, and a brand new vinyl liner and private hot tub offering the perfect retreat for both relaxation and sophisticated entertaining. The kitchen boasts stainless steel appliances granite counter tops and double sinks. Seller has recently refinished hardwood flooring throughout. Beautifully tiled bathrooms, including the primary suite with granite countertops, separate sinks, and soaking tub with separate shower. The primary suite has a beautiful double tray ceiling. The guest bath has a tub/shower combo. The thoughtfully designed terrace level boasts a spacious bedroom, full bath with tiled flooring and shower, and a large living area, creating an ideal setting for multi-generational living, a refined guest suite, or a private retreat for teens. The fenced backyard is an added bonus with a large outdoor deck and a charming screened-in patio with pool views, perfect for relaxing in the summertime with family or friends. Nestled on a beautifully wooded and secluded lot, the property offers a rare sense of privacy and serenity, your own personal oasis just moments from every convenience. A true must-see, this home combines comfort, versatility, and timeless appeal in a setting designed to elevate your everyday living. Call today to schedule your appointment.
Source: GAMLS #10595966
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Close stress-free in 45 days, handled start to finish by Roam.
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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.