3033 Waterdance Dr NW Kennesaw, GA 30152
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About this home
This is an opportunity to jump on this amazing, renovated home located in the highly sought after Kennesaw Mountain school district. The two-story entry foyer welcomes you in and provides a view of the upper level. This home offers a living room, followed by a separate dining room. The kitchen has been redesign boosting with new white cabinets and soft pull-out drawers. New granite countertops throughout share with a gas range and microwave. Enjoy the new breakfast island overlooking the patio. The family room can be view from the kitchen as well. New LVP flooring on the main level. Also present here is a half bath. The upstairs primary bedroom is spacious and one of a kind! The primary bathroom has been updated entirely. There are three additional bedrooms on this level as well as a full bathroom. The laundry room is also located on this floor; the brand-new washer and dryer will remain with the home. This amazing, renovated home comes with a brand new Generex generator, you will never be left in the dark! New fence, new water heater and new HVAC! This is an amazing home. Don't blink!
Source: GAMLS #10580648
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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.