203 Lenox Dr Peachtree City, GA 30269
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About this home
METICULOUSLY MAINTAINED AND BEAUTIFULLY UPDATED! You don't want to miss this amazing home located in the highly sought-after Kedron/Booth/McIntosh school districts, and a short golf cart ride away from lots of Peachtree City favorites. Featuring 4 bedrooms and 3 full baths, the home includes a renovated kitchen with stunning quartz countertops and timeless white cabinetry. The great room, with its soaring ceilings, offers a warm and inviting space perfect for both relaxing and entertaining. The main floor boasts a spacious primary suite with a newly upgraded, spa inspired bath, as well as a formal dining room, a bright breakfast area, and two additional bedrooms served by a full bath. Upstairs, a generously sized bonus room offers endless possibilities ideal as a media room, playroom, or home office. An additional bedroom and full bath on this level provide privacy and comfort for guests or family. Step outside to enjoy the beautifully landscaped yard and an east-facing patio, perfect for morning sunrises, and year-round outdoor dining. Notable upgrades include a newly installed third-zone HVAC system, new double insulated garage doors, double paned windows, a new water heater, plush carpeting, custom tile work, stylish light fixtures, and exterior french drains. Whether you're downsizing, looking for a low maintenance home, or simply need four bedrooms under $600K, you won't want to miss this one! This home truly has it all the style, space, and smart updates in an unbeatable location!
Source: FMLS #7666706
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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.