6050 Ledgewood Dr Forest Park, GA 30297
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About this home
Step into this beautifully renovated 4-bedroom, 2-bathroom home located in the heart of a family-friendly Forest Park neighborhood. From top to bottom, this property has been refreshed with modern updates and thoughtful design, making it an incredible opportunity for both investors and savvy homebuyers alike. Inside, you’ll find brand-new flooring throughout, fresh interior and exterior paint, and updated light fixtures that bring a bright, welcoming feel to every room. The kitchen has been completely transformed, featuring freshly painted cabinets, quartz countertops, new appliances, and a custom island perfect for meal prep or entertaining.Both bathrooms have been fully remodeled with stylish finishes, and the primary suite now includes a second closet for added convenience. This spacious home also offers two additional living areas—one that can be used as a bedroom, office space, or family room—plus a sunroom that’s perfect for relaxing. Additional updates includes a new driveway with ample space for several cars. For your peace of mind, the hot water heater, HVAC system, and roof are all only a few years old, ensuring longevity and comfort for years to come. Outdoors, the generous backyard with a storage shed offers endless possibilities for gardening, play, or entertaining. All this, just under 20 minutes to Hartsfield-Jackson International Airport and close to local parks, shopping, and dining. Whether you’re searching for your next investment, rental property, or a forever home, this move-in ready gem is a must-see! ***Some images have been virtually staged to better showcase the true potential of rooms and spaces in the home.
Source: FMLS #7643433
Neighborhood
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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.