7374 Virginia Rd Atwater, OH 44201
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About this home
Welcome to this beautifully crafted 5-bedroom, 2.5-bath home nestled on 4.7 private acres. Set well back from the road, this custom-built home offers space, comfort, and quiet country charm. With 2x6 construction and extra insulation, it's built for long-lasting quality and energy efficiency. Bring your horses! The property features a 2-stall barn with partial fencing—ready for your four-legged friends. Inside, you’ll find a spacious great room with a cozy wood-burning fireplace (with gas logs), open to a kitchen that boasts granite countertops and plenty of space for cooking and entertaining. On the main-level you'll find a room that can serve as a formal living area or a home office and upstairs, a charming loft provides the perfect spot for reading, studying, or relaxing. All five bedrooms offer generous space, and the home includes a convenient first-floor laundry room. The full 10-course block basement is ready to be finished, offering room to grow or customize. Step outside to enjoy the expansive back deck overlooking the countryside and woods ideal for peaceful mornings or evening gatherings. All appliances stay, making this move-in ready. Whether you’re looking for a hobby farm, a peaceful retreat, or a spacious home with room to roam, this one has it all. Come experience the beauty, space, and possibilities this property offers. Above ground pool is about 2 years old. Roof was replaced in 2021
Source: MLSNOW #5164472
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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.