130 Arizona Ave NE Unit 407 Unit 407 Atlanta, GA 30307
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About this home
Welcome to this cozy loft with amazing tree lined view of Atlanta at AZ2 Lofts easy living close to it all. Great open space with soaring 22ft ceiling, scored and painted cement floor with Hunter Douglas window treatment throughout. Beautiful kitchen with glass tile backsplash, granite countertops with breakfast bar, European style cabinetry, Stainless appliances all open to living/dining area, leading to a covered full length balcony to enjoy the view. Retreat to the oversized primary suite complete with a custom walk-in closet and a luxurious en-suite bath, featuring a Japanese soaking tub, oversize walk-in tiled shower with dual action heads and elegant finishes. Step out onto your private, sizable roof-top terrace from the primary suite — an ideal spot for morning coffee or evening relaxation. Two additional rooms on main, with custom built closets for bedrooms or office with a connected full bathroom. Unit has 2 assigned parking spots, Storage unit and a Cubby space for more storage. Solid amenities - enjoy a workout in the deluxe gym, summer days relaxing by one of the two pools, one being a lap pool and clubhouse. Located just minutes from Candler Park, Kirkwood, and the City of Decatur, you’ll love the convenience of InTown living with vibrant dining, shopping, and parks nearby.
Source: FMLS #7621243
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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.