37 Oak Hill Ln NW Cartersville, GA 30121
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About this home
Elevator, saltwater pool, home gym, and in-law suite—oh my! In this multi-generational residence, no detail has been overlooked. All are located within this multi-generational home. Your family is certain to appreciate this exquisite custom craftsman estate situated on four private acres, embodying the ideal residence. The interior features numerous upgrades, including a large kitchen with an expansive island, double ovens, granite countertops, and a generous breakfast area. The expansive kitchen offers ample storage and a highly desirable cooking space, ideal for large family gatherings. The grand room highlights a spacious dining area within an open-concept design, complemented by a stone gas fireplace and nine-foot vaulted ceilings. The main level also includes a dedicated media room designed for family movie nights, along with smart controls for sound and lighting throughout the residence. Custom wood elevator connects all three floors of living. The primary suite, located on the upper level, boasts his and her walk-in closets and an elegant primary bathroom featuring an oversized shower and a substantial garden tub. Two additional bedrooms and a full bathroom are located on this level, along with a bonus room that is suitable for an extra teen study or living space. The terrace level encompasses over 2,700 square feet of semi-finished space, providing access to the pool area and a workshop. The in-law suite features a spacious one-bedroom suite with a full bathroom, a kitchen, and a dining area. A versatile multi-purpose room can serve as a home theater, office, or gym, in addition to a garage on the terrace level and an extensive workshop or additional storage. The property features an in-ground, solar-heated pool, an extensive sprinkler system installed throughout the grounds, and a backup generator capable of powering the entire residence. The expansive and professionally landscaped patio area is ideally suited for entertaining. This property also features a spacious three-car garage and a bonus (4th) garage in the workshop area, ideal for large or oversized projects. As an added feature, the property features a storm shelter and safe room that are as secure as possible, providing the homeowner with peace of mind that the entire family and valuables will be safe in any situation. Call to schedule your appointment and learn more about all this home has to offer!
Source: FMLS #7678745
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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.