205 Aberdeen Dr, Peachtree City, GA 30269
3 beds · 2 baths · 2,963 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Whether you're looking for a place to raise a family or to retire , Peachtree City should be on your short list! Peachtree City offers top primary & secondary schools and was recognized as a top retirement community. Located just 40 minutes south of Atlanta, Peachtree City provides a safe environment for all ages with lush parks and over 100 miles of picturesque trails which connects the community of homes to recreation, commerce and various community events. Nestled in the heart of Peachtree City on a private lot, this beautifully maintained ranch home offers almost 3,000 sq ft of elegance and comfort. Amenities include the following:a large chef's kitchen with island,corner sink,breakfast bar,breakfast room and a separate dining room. A huge vaulted great room with stone fireplace. A lovely sun room which opens to a spacious deck overlooking the back yard. A primary bedroom with an en suite and two secondary bedrooms which share a full hall bathroom. A detached garage with electricity for the hobbyist,extra storage and space for your golf cart! If you view this home, you're bound to call it home!
Source: GAMLS #10510845
Source: GAMLS #10510845
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.
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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.