424 Lindbergh Dr NE Unit 208 Atlanta, GA 30305
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About this home
The perfect blend between Intown Living and a tranquil retreat! This Spectacular condominium home is nestled between Buckhead and Midtown and features 2 large bedrooms, 2 full bathrooms, spacious living area, stainless steel appliances, an open floor plan and a balcony off the Owner's Suite overlooking lush trees along a serene creek; a great place to enjoy a glass of wine on one of those Beautiful Georgia Nights! Fantastic amenities include a fitness center, pool w/ grilling area, and a FREE parking lot for guests with separate guest entrance. HOA fees include water, trash, & sewer. So, if you love the city buzz but also like to retreat to nature, this creekside oasis offers a truly idyllic living experience. Just blocks away, Buckhead's vibrant energy awaits, with its eclectic mix of dining, shopping, and entertainment. With Marta located down the street, you can enjoy that car-free lifestyle. Proximity to 85 & 400 is ideal for a commuter and access to the Marta makes airport trips a total breeze. When you see this spectacular property, you will know you have chosen the right home!
Source: GAMLS #10617406
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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.