Is there a 4-bedroom townhome in Atlanta with a private guest suite, smart home features, and buyer incentives? This 4-bedroom townhome in Cascade Cove offers three levels of modern living, 3.5 bathrooms, advanced smart upgrades, and a $10,000 seller concession plus a home warranty for added value and peace of mind. Welcome to this beautifully upgraded residence in the Cascade Cove community in Atlanta, where thoughtful design meets everyday functionality. The first level features a private bedroom suite with a full bathroom, ideal for guests, multigenerational living, or a quiet home office. The main living area showcases a bright, open-concept layout filled with natural light, seamlessly connecting the living, dining, and kitchen spaces. The chef-inspired kitchen is equipped with high-end appliances, ample cabinetry, and a layout designed for both daily use and entertaining, with added storage in the laundry closet to maximize efficiency. Smart home features including lighting, thermostats, and security cameras enhance both convenience and peace of mind, while motion sensor lighting in bathrooms adds an extra layer of ease. Every room is outfitted with remote control ceiling fans featuring integrated mood lighting, creating comfort and ambiance throughout the home. Upstairs, the spacious primary suite offers a private retreat with a spa-like bathroom, modern finishes, and generous storage, while two additional bedrooms provide flexible space for family, guests, or work-from-home needs. Located in Cascade Cove, this home offers easy access to shopping, dining, parks, public transit, and major highways, making everyday living and commuting simple and efficient. As an added value, the seller is offering $10,000 toward a rate buy-down or buyer closing costs, along with a home warranty, providing both immediate and long-term benefits. This townhome delivers a rare combination of space, smart upgrades, location, and financial incentives, making it an exceptional opportunity in the Atlanta market. Schedule your private showing today.https://youtu.be/XXi4TFeeWcg?si=PDAHOkelWHYB_MM8
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.
