5535 Beaver Dr SW Mableton, GA 30126
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About this home
Step into timeless charm and modern comfort in this beautifully renovated brick ranch nestled on a spacious corner lot in a desirable location close to the E/W Connector. Everything old is new again as this home has been remodeled top to bottom stem to stern. This is NOT lipstick on a pig. If you love the charm of an older home but don't want the maintenance or the projects, you need look no further. This home has: new roof, new gutters, new windows, new HVAC system (even a new driveway) and that's just the "systems". This home sports a spanking new kitchen with new LG appliances, quartz countertops & tile backsplash, refinished hardwood floors, new cabinetry in the baths with updated tile flooring, new lighting and ceiling fans. Oh my, it even boasts of new doors, hardware, & light switches. The property also offers a carport at main level and a drive under garage with basement for storage or workshop. This beautiful corner lot offers a zoysia lawn that begs you to sit outside and enjoy nature. Is there anything else you can ask for. Oh, yes, an easy commute to the airport or downtown or the Galleria area. Lovingly renovated and designed by professionals, you'll see that this home offers quality and style that you can just enjoy for years to come. You can move in here and just enjoy life and your new home. Nice street in an up and coming area.
Source: FMLS #7650991
Loan details
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Close stress-free in 45 days, handled start to finish by Roam.
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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.