3898 Heritage Oaks Dr SW Powder Springs, GA 30127
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About this home
Welcome to this beautiful home nestled in the heart of West Cobb's desirable swim/tennis community-just minutes from the scenic Silver Comet Trail. From the moment you arrive, the meticulously landscaped yard and stately brick exterior set the tone for the elegance and comfort that await inside. Step through the front door and discover a thoughtfully designed layout perfect for both daily living and grand entertaining. The main floor features a spacious guest bedroom and full bathroom, ideal for visiting family or friends. The kitchen is the heart of the home, complete with a breakfast bar, stainless steel appliances, and a cozy breakfast area that overlooks the serene backyard. Hosting dinner parties is a breeze in the formal dining room that easily seats 12.Upstairs, the primary suite is truly a retreat-with a charming sitting area by the fireplace and not one, but three closets. The en-suite bathroom is just as inviting. Additional guest bedrooms are also upstairs and share a well-appointed Jack and Jill bathroom.The finished basement is a dream come true with endless possibilities. It includes an additional guest bedroom and full bathroom, space for a home office or fitness room, and the ultimate in entertainment-a built-in theater room that rivals any cinema.Whether you're enjoying a quiet evening by the fireplace in the family room, sipping coffee on the screened-in deck, or hosting movie night downstairs, this home offers comfort, space, and style in every corner. Other features include a radon mitigation system for peace of mind, a two-car side entry garage, and a backyard with plenty of room to play, relax, or entertain. This home has been a place of joy, laughter, and wonderful memories for its-and now it's ready to welcome its next chapter.
Source: GAMLS #10531425
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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.