*Now Priced Below Appraised Value. Tucked among the trees behind a private gate on nearly 4 acres in the heart of Marietta, this fully transformed ranch estate is a study in casual elegance and private luxury. No detail is too small for this designer’s personal home. This elevated mid-century modern property is something that simply does not exist anywhere else in metro-Atlanta, with architectural elements that feel curated, not manufactured. INTERIOR: original floor plan opened up, ceilings raised, two skylights installed, new flooring (hardwoods, tile, porcelain), crystal chandeliers, wall sconces, dimmers. GOURMET KITCHEN: custom maple cabinetry, black and gold Italian hardware, inlaid Italian marble island, dual composite sinks, Kitchenaid & Thermador appliances, pot filler, nostalgic crank-out windows. SIDE DECK: rebuilt from the ground up, covered & extended roofline, Trex Deck, ceiling fans, lighting, gas hookup. Overlooks newly fenced in garden & courtyard, ideal for children and pets. PRIMARY SUITE: custom walk-in closet, fireplace, freestanding soaking tub, rain shower, floating double vanity, chandeliers, ceramic granite floors. LIVING ROOM: tons of natural light, completely rebuilt marble gas fireplace. Wet bar, pass-through serving window to pool deck. OUTDOOR: white marble pool deck, freshly recoated gunite pool & hot tub, two gazebos, lush Italian gardens, stone pathways, greenhouse, six custom raised garden beds, blueberry bushes, and lemon trees. Two additional outdoor tool & garden buildings offer storage without sacrificing aesthetic. GUEST HOUSE: Fully equipped with its own chef’s kitchen, steam shower, fireplace, generous living area. Offers flexibility for multigenerational living, long-term guests, or rental income potential. POLE BARN: separate back gate entrances, newly installed lighting, 50-amp RV electrical box, plenty of room to store a large RV or numerous smaller vehicles. HIGHLIGHTS: new roof (2022), E-Glass low-emissivity energy-efficient windows throughout, rebuilt chimneys on both the main house and guest house, 3 new fireplaces, new exterior & interior doors & hardware, luxury flooring, restored original stonework, new moisture barrier under the home, & updated electrical throughout, lowest property taxes in Metro Atlanta (COBB COUNTY) + significant savings from homestead and senior exemptions. This property will not last long! Schedule your private showing today.
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.
