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2270 Cobble Creek Ln, Grayson, GA 30017

5 beds · 4 baths · 4,056 sqft

Welcome to 2270 Cobble Creek Ln in the highly desirable Grayson School District! This stunning single-family home offers an unparalleled combination of space, comfort, and style. With 5 bedrooms, 3.5 bathrooms, and a finished basement, this 3-story home is perfect for families of all sizes. As you enter the property, you will be greeted by a spacious and inviting foyer. The main level features a modern and open concept floor plan, with a large family room with cozy fireplace, formal dining room, and den. The gourmet kitchen is sure to impress even the most discerning chef. The kitchen boasts all stainless steel appliances and has ample cabinet space with a separate pantry in the laundry room off the kitchen. Upstairs, you will find a luxurious master suite complete with a spa-like bathroom. An ensuite with fireplace. Huge walk-in closet too! Boasts a 12-foot tray ceiling in the master bedroom. The additional bedrooms are generously sized and offer plenty of space for relaxation and privacy. Downstairs in the finished basement you will find a kitchenette, full bath, 1 bedroom, living room, and impressive library/office. The basement also has an attached sunroom with fireplace. A nice addition to all this is a climate controlled 10x20 storage space. Outside, the fenced backyard provides a safe and serene space for outdoor activities and huge deck for entertaining. The expansive driveway offers plenty of parking space for you and your guests. Now, let's talk about the neighborhood. Cobble Creek Ln is conveniently located within close proximity to some of the best amenities and attractions in the area. Just a short drive away, you will find Grayson City Park, offering tennis courts, walking trails, and picnic areas. Grayson High School and Grayson Elementary School are also within walking distance, making this property ideal for families with children. For those who enjoy dining out, you'll be pleased to know that there are plenty of fantastic restaurants nearby. From cozy cafes to elegant fine dining establishments, there is something to satisfy every palate. Don't miss your chance to own this exceptional property in the heart of Grayson. Schedule your private showing today and experience the best that this home and neighborhood have to offer. Call now to find out more information and make this house your new home!

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Lot size
0.37 acres
Year built
2000
Type
Single Family Residence

Source: FMLS #7443451

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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.

What is an assumable mortgage?

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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.

Why is an assumable mortgage valuable?

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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.

How can you find assumable mortgage listings?

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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 “Get Notified” 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.

How do I qualify for an assumable mortgage?

expand content

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.

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Last updated: Dec 03, 2024 10:11 am
Listing agent: Michelle Diamond
Listing provided courtesy of: NorthGroup Real Estate (404) 383-6616
Details provided by FMLS and may not match the public record.
MLS ID: #7443451
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please visit https://www.fmls.com/dmca.htm to review our DMCA policy and learn how to submit a takedown request. © 2024 FMLS.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.