3040 Peachtree Rd NW Unit 707 Unit 707 Atlanta, GA 30305
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About this home
If You've Ever Dreamed of Having It All, Please Know You Don't Need to Look Any Further!!! A View of a Lifetime Awaits You Here In The Heart of Buckhead", AFFORDABLE Luxury Lifestyle Living "At It's Best" Awaits You Here at The Ovation Condominium Community located steps away from the Lifestyle Dreams Are Made Of. Unit 707 feels like Home, this 1 bedroom /1 Bath Home features an open concept Lifestyle with a King Size Bedroom and a Full Bath equipped with a Glass enclosed Tiled Shower along with a Large Soaking Tub. There is a customized perfectly designed Closet suited for any wardrobe and a stunning view from it's oversized private balcony. Entering the Ovation Condominium you will immediately be impacted by a sense of safety and comfort. The warm greeting from the concierge sets the stage for the warm glow that awaits as you enter this home. No matter the time of day the views from this perfectly situated home balcony are spectacular, be it sunrise or sunset this will be your place of comfort and peace. Ovation offers a wonderful collection of amenities, including a 24-hour concierge, a stylish clubhouse, a state-of-the-art fitness center, relaxing sauna and steam rooms, a private theater, and a sparkling pool. The grounds of the Ovation community are perfectly suited for an afternoon stroll or to just take a seat and relax while grilling your favorite meal, the Ovation is situated in the heart of "All Things Buckhead", and as the New Owner of this home you're footsteps away from the finest dining, shopping and entertainment this Luxury Lifestyle community has to offer.
Source: FMLS #7660185
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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.