180 Forest Glen Dr Waleska, GA 30183
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About this home
Original William E. Poole Design Blackberry Lane floorplan, modified for this country setting. Custom thick molding package and builder upgrades galore. 5 spacious bedrooms plus bonus room upstairs and expansive primary suite on main level. Hardwoods in the entertaining spaces on the interior and thoughtful porch, deck and patio exterior spaces for large gatherings or tea and quiet conversation. The three season porch off the family room takes full advantage of the natural wood setting and antique barn on the backside of the property. 3 finished floors of living and unfinished space for storage. Owner suite closet has stacked Maytag washer/dryer and laundry room available upstairs in bonus room. Meticulously maintained landscaping and the views from within the home looking out the front are stunning. Beautiful pond/lake with fountain and winding driveway to peek your first time guests' interest until they are wowed entering the double doors to this wonderful family home. Come and see this lovely country estate in the small, charming town of Waleska.
Source: FMLS #7629105
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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.