Set behind the gates of the amenity-rich Piedmont community, this beautiful end unit brick townhome that has been thoughtfully maintained and refreshed making it easy to move in and enjoy the holidays in your new home. Spanning across almost 3,000 sq ft, this home has 3-bedrooms, 2 full and 2 half-bath, a fireplace, a 2 car garage, and 2 large outdoor zones. There are hardwood floors throughout, freshly painted walls, and has a new HVAC system. The main level is a show stopper with its grand 12 feet ceilings in the living room. This room has a french door and floor to ceiling palladian windows that drenches the space in natural light. From there you can walk out to a massive deck that spans the width of the home which is perfect for grilling, relaxing, and entertaining. Going back in, you have a large dining room that is separated to help create a more elegant dining space but is also perfectly positioned right next to the chef’s kitchen. This kitchen is large with so much surface space to work on, perfect for everyday living and entertaining and has an eat-in area on the island. Storage is plentiful in the beautiful wood cabinetry and pantry, and there are stylish stainless steel appliances which includes a new refrigerator. Off the kitchen is another flex zone which could serve as a second seating area, a place to work from, an area for kids to have a playroom, and so much more. This level is finished out with a half bathroom before you go up the grand switchback stairs to the bedroom level. On this level, there is a primary suite that has it all - a wall of windows, a walk-in closet, and a bathroom with a double vanity, a soaking tub, stand up shower, and toilet, also with large windows and lots of natural light. From the primary suite you have a hallway with a laundry room, linen closet, and full bathroom that leads to the other 2 bedrooms on the level. The front foyer has a coat closet, a large storage area, and garage. Half a flight down is the lower level which also has great natural light since it is a walkout to the patio. This lower level has high ceilings, a fireplace, a large rec room, a half bathroom (that can be converted to a full bathroom, if desired), and another storage area. This townhome offers a lifestyle, comfort, convenience, and quiet elegance. Piedmont—this gated community has resort like amenities that you wouldn’t believe come at just a $200 monthly HOA: 24/7 monitored gated security, indoor and outdoor pools, lighted tennis and pickleball courts (with games going on year round), basketball courts, athletic/fitness club, a gorgeous clubhouse, a spacious community center with meeting rooms, tot lots, walking trails, and the Tom Fazio-designed golf course. Come by and see it for yourself at our Open House this Sunday, November 9 from 12-2pm.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
