1749 W Caribaea Trl SE Atlanta, GA 30316
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About this home
Pull up and check out this Fully Renovated 5BR/3BA Ranch with Finished Basement & In-Law Suite! This beautifully upgraded ranch home has it all—starting with a brand new roof, modern curb appeal, and a large landscaped front and backyard perfect for entertaining or relaxing. Step inside to LVP flooring throughout, sleek modern light fixtures, and a stylish open-concept layout that seamlessly connects the family room and kitchen. The chef’s kitchen features a large island with leathered granite countertops, subway tiled backsplash, new stainless-steel appliances, and plenty of space to gather including a new deck! The main level includes the hallway laundry, a stunning hallway full bath with leathered granite countertop, a ceiling-to-tub tiled shower-tub-combo, and a guest bedroom, and third additional bedroom; The Owner's Suite includes a spacious spa-like en-suite featuring a floor-to-ceiling tiled shower, high-pressure rain shower head, and a generous walk-in closet; Two additional generously sized bedrooms are on the main level. Downstairs, you’ll find a full daylight basement with a private-entry "In-law suite"—complete with a living area! Additionally, downstairs is a beautifully remodeled spa-like hall bathroom with dual sinks and a tiled shower, and two additional bedrooms, and a laundry connection! An Ideal space for guests, multigenerational living, or rental income! This total electric home is move-in ready and packed with features. Don’t miss your chance to own this stunning, spacious, and thoughtfully upgraded home! Call today to schedule your private showing—this gem won’t last long!
Source: FMLS #7665665
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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.