Greystone Suite 410 is a luxurious 2-story renovated Penthouse Condominium which is ready for you to move in! Suite 410 also has just added a large climate controlled storage unit as part of the purchase! The main level itself of Penthouse Suite 410 is a beautiful home-size condominium and the upper level provides tremendous bonus space with a very large loft which has previously been used as a bedroom or media room, a full bath with tub/shower combination, walk-in closet, multi-purpose bonus room and separate HVAC system! You will love the 10 feet ceilings, 8 feet tall doors, and beautiful crown, base, door and window moldings, new lighting, ceiling fans, appliances, flooring, systems and renovations throughout this penthouse! The main level has an incredible Primary Suite which occupies the entire left side of the home. The primary bedroom is huge and has a sitting area with a Palladian style window and a glass door providing access to the large private balcony overlooking the woods of Vinings Mountain. The spa-like bathroom has a new and oversized glass walled marble shower with built-in bench, a custom sauna, a water closet and a large vanity with 2 sinks. It also has a room size custom closet which is so large that it has with a smaller closet within the main closet! The spacious second bedroom has a 3-window system with views of the woods, an ensuite bathroom with tub shower combination, and a closet with French doors. The living room is large and has access to the balcony. It has a new gas logs fireplace and surround (and gas is included in the HOA fee). It also has a custom dry sink and wine storage cabinetry. You will love the new dream kitchen! It has a Thermador 3-unit cooking system, upgraded Bosch 5-burner gas cooktop, upgraded Bosch dishwasher, large Bosch refrigerator and new sink and fixtures! The countertops and backsplash are Dekton which is a beautiful, durable, expensive, high quality porcelain which is heat, stain and scratch resistant. The kitchen has an abundance of cabinets and a large pantry with French doors! The adjacent dining area will accommodate a variety of furniture and seating configurations. The main level also has a Powder room, coat closet and spacious laundry room. Suite 410 has 2 great parking spaces on G2 which is the second level of the parking garage. Greystone is a pet friendly community with a new, very large dog park! There is an on-site property manager and 365 days-a-year Concierge services, daily house keeping services for the common areas, and a maintenance engineer. The monthly HOA fee covers virtually every typical home owner expense except electricity which is provided by GA Power. Xfinity provides high speed internet access and fiber optic and cable TV and the HOA pays for 2 TV hookups and basic service of about 150 channels. Greystone is a fabulous, safe and secure building constructed of steel and concrete! It's a gated community located in the most convenient and least congested area of Vinings inside Atlanta's perimeter highway I-285. It's very near I-75 and I-285, Truist Park which has become Georgia's most popular venue 365 days a year, The Galleria, The Cobb Performing Arts Center, Vinings Jubilee, the Chattahoochee River Park and hiking trails, Cumberland Mall, Costco and many of Atlanta's finest restaurants! Greystone has an Atlanta address but is located in Cobb County which has the Atlanta's best police and law enforcement and lowest sales and property taxes particularly for a resident at age 62. By way of example the property taxes for Suite 410 were only $3,420 in 2024. Greystone is in the final stages of completing a $1 million dollar renovation paid for by the current residents but the on-going benefits will be yours! Greystone has it all - the only thing mission is you!
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.
