Welcome to the Chateau on Prince George of Williamsburg. A spacious and modestly updated home move-in ready. Full of character inside and out. This home features the timeless formal living aesthetics of fine homes. UPSCALE TRIM PACKAGE || FOUR SIDED BRICK || || UPDATED BATHROOMS || || MASTER ON MAIN || || FRESHLY PAINTED INTERIOR || || 16 TUNJA GREEN PRIVACY TREES || || SPACIOUS GREEN LOT .87 ACRE || || FINISHED BASEMENT || || ESTABLISHED NEIGHBORHOOD || || PRIME INSIDE THE PERIMETER LIVING || TRANQUILITY OF AN ESTABLISHED NEIGHBORHOOD ** WHAT YOU’LL SEE** Step into a NEWLY PAINTED INTERIOR that feels bright, open and inviting, enhanced by the UPDATED LIGHTING PACKAGE that illuminates every room. Four bedrooms exceed 200 sq ft. The oversized MASTER ON MAIN WITH SITTING ROOM offers a peaceful retreat with spiral staircase to walk-in closet (100 sq ft). Complementing the bedrooms are 3.5 Bathrooms. Home features 2 fireplaces (basement and main living area). SMART HOME FEATURES lets you control and monitor the home while away. Outside you will experience the FRESHlY STAINED DECK & NEW GAZEBO create an outdoor oasis. An oversized 2 car garage with additional parking for over 5 cars. Fenced-In backyard with room for the grands/kids. The FOUR SIDE BRICK exterior adds timeless elegance, and the FINISHED BASEMENT offers versatile living space for family or entertainment. Additional storage is available in the sub-basement and under the deck. **SCHOOL CHOICE(S) Woodward Academy (2.9miles), Hapeville Charter (5.8miles), Westlake High School (5.2miles) and Landmark Christian School (8.4miles). **WHAT YOU’LL EXPERIENCE: About WILLIAMSBURG, described as a suburban community of East Point located inside the perimeter features rolling hills, streams and picturesque landscape. A serene neighbor of 2500 – 9000 sq ft homes. The neighbors are CIVICALLY ENGAGED, protective of one another and the neighborhood; yet respect each other’s Privacy. Traverse the tri-cities (East Point, College Park and Hapeville) within minutes. Access to Camp Creek Marketplace is less than 0.6 miles. **MAJOR EMPLOYERS include Porsche North America Headquarters (7.4miles), Delta Airlines Global Headquarters (4.0miles), Chick Fila Headquarters (3.2miles), Georgia’s Own Credit Union Headquarters (7.0miles), Coca-Cola Headquarters (7.0miles) and Hartsfield-Jackson Atlanta Airport (3.1miles). **WHAT YOU’LL GAIN ACCESS TO: ENTERTAINMENT VENUES include The Battery at Truist Park (16miles), High Museum of Art (11miles) Mercedes Benz Stadium and State Farm Areana (8.2miles) Cobb Energy Center (16miles)and Lee + White PLUS Atlanta Beltline (6.4miles)
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.
