0PEN H0USE SATURDAY, JUNE 27th 1-4PM!! RARE MASTER ON MAIN floorplan PLUS an ADDITIONAL MAIN LEVEL BEDROOM WITH FULL ENSUITE BATH and STEPLESS ENTRY, offering exceptional flexibility for MULTIGENERATIONAL LIVING, A PRIVATE HOME OFFICE, GUESTS, OR SINGLE LEVEL LIVING. POTENTIAL 6 BEDROOM HOME featuring a MASSIVE BONUS ROOM that can serve as a MEDIA ROOM, GAME ROOM, PLAYROOM, HOME OFFICE, OR 6TH BEDROOM. EXTENSIVELY UPDATED with a NEW ROOF, NEW WATER HEATER, NEW GAS COOKTOP, NEWLY UPDATED MASTER BATH PLUS UPDATED SECONDARY UPSTAIRS BATHROOM, NEW INTERIOR PAINT, NEW EXTERIOR PAINT, and NEW EPOXY GARAGE FLOOR. Features include a 3 CAR GARAGE WITH TESLA CHARGER, SCREENED PORCH, FIREPIT TERRACE, SURROUND SOUND WIRING, CUSTOM WOOD SHELVING IN ALL CLOSETS, BUILT-INS, and WIDE PLANTATION SHUTTERS throughout. This MOVE-IN READY home offers the perfect combination of functionality, flexibility, luxury, and peace of mind in one of Woodstock's most sought after communities. Perfectly situated on a beautifully landscaped level lot, this home offers an elevated living experience designed for comfort, entertaining, and everyday living. Rich hardwood floors, soaring ceilings, custom millwork, elegant columns, and abundant natural light create a warm and sophisticated atmosphere throughout. The formal dining room features coffered ceilings and wainscoting, while the chef's kitchen offers premium cabinetry, stone countertops, a large center island, double ovens, stainless steel appliances, a walk in pantry, built in desk area, and abundant workspace. The kitchen opens seamlessly into the fireside Keeping Room, creating the ideal gathering place for family and friends. One of the most desirable features of this property is its HIGHLY FUNCTIONAL and FLEXIBLE layout. The main level includes a luxurious MASTER SUITE plus a separate secondary bedroom with a private full bath, providing outstanding flexibility for today's lifestyle needs. The main level also includes a powder room and a charming laundry room with shiplap accents and designer finishes. The MASTER SUITE serves as a TRUE RETREAT with a spacious sitting room, CUSTOM BUILT INS, a spa inspired bath with soaking tub and oversized tiled shower, double vanities with makeup station, and a professionally customized walk in closet. Step outside to enjoy the screened porch overlooking the private backyard terrace and stone firepit, creating the perfect setting for morning coffee, evening gatherings, and year round outdoor living. The backyard also offers plenty of room for a future pool and outdoor oasis. Upstairs you will find three additional generously sized bedrooms, including one with a private bath, along with a MASSIVE BONUS ROOM WIRED FOR SURROUND SOUND that is perfect as a media room, game room, playroom, home office, or sixth bedroom. Storage is abundant throughout the home, including ATTIC STORAGE and CUSTOM WOOD SHELVING IN EVERY CLOSET. The 3 CAR GARAGE features a newly finished EPOXY FLOOR, an INSTALLED TESLA CHARGER, and ample additional space for STORAGE, HOBBIES, OR A WORKSHOP. Residents enjoy swim and tennis amenities, top rated schools, mature landscaping, and the benefit of lower Cherokee County taxes while remaining just minutes from Downtown Woodstock, Roswell, Alpharetta, premier shopping, dining, and entertainment. Rarely does a home combine this floorplan, level of updates, flexibility, and location. This is more than a home. It is a lifestyle opportunity in one of Woodstock's most desirable communities.
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.
