325 E Paces Ferry Rd NE Apt 2104 # 2104, Atlanta, GA 30305
1 beds · 1 baths · 869 sqft
Step into the vibrant and elegant lifestyle that awaits you at Paces 325, located in the heart of Buckhead. This stunning 21st-floor corner unit offers panoramic views that stretch all the way to Stone Mountain on a clear day. Imagine unwinding on your private balcony, taking in the breathtaking nighttime skyline. Just steps away from the fashionable retail shops and trendy dining spots of Buckhead Village and the Shops of Buckhead, you'll be at the center of it all. Enjoy a short walk to the new Fetch Dog Park and immerse yourself in the dynamic neighborhood. This unit has been meticulously updated with brand new hardwood floors and fresh carpeting, creating a warm and inviting atmosphere. The modern kitchen boasts granite countertops and stainless steel appliances, perfect for any culinary enthusiast. Your convenience is a priority with one covered, deeded parking space, included internet, and trash service as part of the HOA. The building itself has recently undergone renovations, ensuring that you have access to top-notch amenities. Enjoy the ultimate living experience with access to the clubroom/media/game room, conference area, fitness center, pool, lighted tennis courts, outdoor grilling area, and 24-hour concierge service. Paces 325 offers everything you need for a sophisticated and comfortable lifestyle. Don't miss the opportunity to make this exquisite corner unit your new home. Schedule a viewing today and experience the best of Buckhead living at Paces 325!
Source: FMLS #7469729
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7469729
Source: Public records
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.
How can you find assumable mortgage listings?
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?
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.
MLS ID: #7469729