1570 Maybell Trl Lawrenceville, GA 30044
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About this home
Stunning 2-Story Home with Finished Basement in Swim/Tennis Community Welcome to this beautifully maintained 6-bedroom, 3.5-bathroom home nestled on a quiet cul-de-sac in a highly sought-after swim/tennis community. Boasting a full finished basement with a second kitchen, this home offers incredible flexibility for multigenerational living, rental income, or entertaining guests. Step inside to a dramatic two-story foyer with elegant vaulted and trey ceilings that set the tone for the thoughtfully designed interior. The main level features a spacious guest bedroom with full bath, ideal for visitors or extended family. The heart of the home is the open-concept kitchen with large island, pantry, breakfast area, and seamless flow into the family room, anchored by a cozy gas-starter masonry fireplace. Hardwood floors enhance the main level, while plush carpet and laminate bring comfort to bedrooms and secondary living spaces. Upstairs, you'll find six well-appointed bedrooms, including a primary suite with vaulted ceilings, a private sitting area, double vanities, a soaking tub, separate shower, and an expansive walk-in closet. Downstairs, the fully finished basement adds even more living space, complete with its own kitchen, making it ideal for an in-law suite or separate rental unit (currently rented). Possible loan assumption at a very low rate, call for details. The seller is open to separately negotiating all or some of the furnishings, making this a perfect turnkey opportunity for a relocating executive or family looking for a truly move-in-ready home.
Source: FMLS #7623120
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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.