2940 Masonwood Dr NW Kennesaw, GA 30152
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About this home
Spacious 6-Bedroom Home with Backyard Oasis in Prime Kennesaw Location! Welcome to this beautifully maintained 6-bed, 3.5-bath home offering over 3,200 sq ft of updated living space! Step into the impressive two-story foyer and enjoy the warmth of hardwood flooring that flows seamlessly throughout the main level. The open-concept kitchen is a chef’s dream, featuring a large island, abundant cabinet and counter space, stainless steel appliances, and direct access to a two-tiered deck with a gazebo covering—perfect for entertaining. Overlooking the kitchen is a cozy fireside family room, creating a wonderful space for everyday living and hosting. Upstairs, retreat to the spacious primary suite complete with a walk-in closet and a luxurious en-suite bathroom boasting a large walk-in shower and dual vanities. Both the first and second floors have been completely remodeled, offering modern finishes and updated features throughout. Step outside to your private fenced-in backyard oasis, complete with a sparkling inground pool, expansive deck, and plenty of room for outdoor gatherings. An attached 2-car garage provides additional storage and convenience. Enjoy peace of mind with a new roof and the benefits of living in a highly desirable area—convenient to schools, shopping, parks, trails, and Kennesaw Mountain National Park. Don’t miss your chance to own this incredible home in a sought-after Kennesaw location! Exterior image shown with a virtually painted color option for inspiration. Actual exterior color is blue.
Source: FMLS #7646337
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Close stress-free in 45 days, handled start to finish by Roam.
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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.