943 Peachtree St NE Unit 1217 Unit 1217 Atlanta, GA 30309
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About this home
Introducing Residence #1217 At The Premier Metropolis Condominiums, Midtown's Flagship Modern Glass Highrise**This 1/1 Residence Facing Due East Over Piedmont Park Offers Rare Air Rights(Owned By Metropolis) Protecting View/Construction Over Parking Deck To The Left Of The Wells Fargo**Meticulous Open Light Filled Layout W/Newer Wide Plank Flooring Begins With A Dramatic Gallery Style Entry Foyer That Leads To The Chef Style Kitchen With Bar Island Connected To The Large Open Concept Flex Living/Dining Space W/Private Balcony, Atrium Style "Flex" Space, & Complete With A Custom Nook Perfect For Home Office, Entertaining Or Coffee Bar**Bedroom Can Accommodate A King Sized Bed With Custom Floor to Ceiling Night Stand Storage** Built Out Custom Walk-Through Closet With Laundry Leads To The Spa-Like Bathroom With Private And Guest Entrance**The Location Of Residence #1217 Offers A Full Wall Of Floor To Ceiling Glass W/Rare Unobstructed Dual 180 Degree Views Combining Breathtaking City & Serene Nature Views Of Piedmont Park & The Historic Midtown Residential District W/Air Rights(See Above) That Will Not Be Affected By Surrounding New Construction**Located On The 2nd Resident Parking Level, The Assigned Parking For This Unit Is Steps To The Resident Entry For Easy Access With Packages Etc**5-Star Amenities Voted Best In Midtown Includes 24-Hour Concierge, State Of The Art Bluetooth Resident Access, Dual Entrances With Motor Lobby, Dog Walk, 2 Secured Bike Rooms, EV Car Chargers, & 2 Levels Of Lifestyle Including Fitness, Heated Saltwater Pool W/Cabana Areas, Clubroom W/Catering Kitchen & Coffee Bar, Multiple Outdoor Kitchens, Fireside Seating, & Observation Deck**Metropolis Is Located At Peachtree & 8th In Midtown-Atlanta's Most Vibrant & Popular Live, Work, & Play Neighborhood W/Walk Score Of 93 & Offering Shops, Dining, Publix, CVS, Whole Foods, High Museum, Fox Theatre, Beltline, Piedmont Park, Marta, Colony Square & Tower Square Entertainment Venues All Steps From Your Home**Metropolis Has A Strong HOA W/Appx 2 Million In Reserves & Has The Lowest Dollar Per Square Foot HOA Dues In Compared To Similar Buildings In Midtown**Conventional, Fha, & Va Financing**Building Is Fannie/Freddie Compliant With Current Insurance Guidelines
Source: GAMLS #10582233
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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.