2871 Morgan Valley Rd, Rockmart, GA 30153
4 beds · 3 baths · 2,721 sqft sqft
You found your new home! Move up to this farm house located on a private 3.08 +/- acres. As you walk this property you will find an inviting wrap around porch & manicured fenced yard. Take in the views of the open pasture, peach trees & barn from the back porch. Discover the in ground pool with a slide & splash zone for the kiddos! Large covered patio area perfect to catch some shade for a cook-out & entertain guest by the pool. As you walk into this bright & open home you are invited in by a two story entry foyer, great room with vaulted ceilings & 1/2 bath. The center island kitchen offers a bay window with pool side view, breakfast area, stainless steel appliance package including double oven range, microwave, dishwasher & refrigerator. The master bedroom is on the main level with french doors leading to the back porch. Romantic master bath with double vanities, garden tub, seperate double shower & custom tile work. Two spacious bedrooms & full bath located upstairs. The 4th bedroom/bonus room is located above the garage with seperate HVAC. Other features & updates include: An abudance of stordage areas, two car side entry garage attached to the house by a covered breeze way, freshly painted interior & exterior, freshly pressure washed, new recessed led lighting, new bathroom vanity & light fixture, new outlets, GFCI outlets, switches, plates, new garage door sensors, new chandelier in dining rm, new pool pump & filter basket, HVAC system was just serviced & new condensation pump, new floor insulation. The home is updated and ready for a new owner. Do not miss this one!
Source: FMLS #7428642
Source: FMLS #7428642
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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?
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?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #7428642
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.