4890 Revere Way Cumming, GA 30028
Your savings
About this home
Seller Says Sell! Priced To Sell Today! Beautifully maintained home in West Forsyth's sought after Chimney Creek (Toll Brothers) swim / tennis community! This elegant home combines high end finishes, s spacious layout, and a prime location near Vickery Village, Cumming City Center, and top rated Forsyth Schools. A welcoming rocking chair fromt porch opens to a dramatic two story foyer, flanked by a formal dining room and private office / library with barn doors. The soaring fireside great room fills with natural light and flows seamslessly into a gourmet kitchen featuring an oversized island, double ovens, stainless steel appliances, solid surface countertops, and a walk-in pantry. A casual breakfast leads to the covered patio and level backyard. A main level guest suite with full bath is ideal for family / visitors. Upstairs, the primary retreat baosts a tray ceiling, sitting area, spa bath with frameless shower, dual granite vainities, and a massive walk-in closet. Three additional bedrooms include a Jack and Jill suite and private en suite. plus a convenient upstairs laundry room. Custom upgrades add comfort and peace of mind including a Ubiquiti Wireless Access Point system (main and upper level) for whole home connectivity, an HDTV 1080P front and rear rear camera solution for security, and a built-in pest control tube system that treats insects directly within the walls. Uopgrades include hardwood floors, designer chandeliers, custom lighting and frameless showers. The 2 car garage offers auto openers. Enjoy resort style amenities, pool, tennis courts, and clubhouse plus nearby shopping, dining, outdoor recreation, and eay GA-400 access for commutes. Priced below 2024 appraisal, this home delivers elegance, comfort, and lifestyle in one of West Forsyth's most desireable communities. Seller will have carpet replaced prior to Buyer moving in.
Source: FMLS #7658237
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.