2678 Catawba Dr NW Kennesaw, GA 30152
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About this home
Beautiful home in the distinguished Princeton Ridge neighborhood in Kennesaw. Featuring new quartz countertops in the kitchen and all bathrooms, new appliances, and new interior paint - this stunning home is completely ready for move-in day. Boasting a total of 5 large bedrooms, 3 full bathrooms, and 1 half bathroom - all spread across 3 stories of living space. You’ll fall in love as soon as you walk into the inviting 2-story foyer with hardwood floors. Off of the foyer there is a separate dining and bonus room for office or study. Gorgeous updated kitchen with quartz countertops, subway tile backsplash, plenty of cabinet space, stainless appliances, and a large island overlooking the family room. The family room has a cozy brick fireplace, stunning hardwoods that run through to the kitchen, access to the back deck, and access to a half bath for guests. As you make your way upstairs you’ll find the large master bedroom and en-suite bathroom with double sinks, quartz countertop, soaking tub, and walk in closet. There are also three generously sized additional bedrooms upstairs, and a full bathroom with quartz countertops. In the walk-out basement is another bedroom, office, dry bar, and full bathroom with quartz countertops. Lastly, the home has a large back deck overlooking a lush and private backyard. All of this only 5 minutes to downtown Kennesaw, 10 minutes to KSU, 20 minutes to Downtown Marietta, and 30 minutes to Downtown Atlanta. Don’t hesitate on this one!
Source: FMLS #7664452
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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.