3504 River Chase Dr Valdosta, GA 31602
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About this home
Welcome home to 3504 River Chase Drive, a truly unique retreat nestled in a peaceful neighborhood on an expansive 2.63-acre lot. From the moment you arrive, you'll be captivated by the whimsical, courtyard-like feel of the beautifully landscaped yard. Imagine unwinding on the spacious front porch, greeted by a stunning stained-glass front door that hints at the character within. Step inside to a large living room, boasting vaulted wood ceilings and a cozy wood-burning fireplace - perfect for intimate gatherings. The kitchen is a chef's delight, offering ample counter and cabinet space, stainless steel appliances, and elegant stone countertops. Enjoy casual meals at the breakfast bar or in the charming breakfast nook, or host formal dinners in the separate dining room. Throughout the home, you'll discover unique, upgraded light fixtures that add a touch of sophistication. The owner's suite provides a private oasis with a walk-in closet and a luxurious ensuite bathroom. Two additional well-appointed bedrooms share a beautifully equipped bathroom. Plus, an extra-large, versatile bonus room offers endless possibilities - from a home office to a media room or gym. Outdoor living is a dream here. Relax on the private back porch, or indulge your green thumb with a dedicated greenhouse room and raised garden beds. With a four-car garage and additional utility storage, you'll have plenty of space for vehicles and hobbies. This stunning property offers a lifestyle of tranquility and charm and won't last long!
Source: GAMLS #10535065
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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.