Price Improvement – Exceptional Value & Move-In Ready! Welcome to 3920 Margaux Drive, a beautifully updated and meticulously maintained home offering over 3,450 square feet of spacious living nestled in an established, well-maintained community. From the moment you step into the grand foyer, you'll appreciate the bright, freshly painted interior, modern updated lighting and fixtures, and the pride of ownership reflected throughout this move-in-ready home. Designed with both everyday living and entertaining in mind, the expansive floor plan features elegant formal living and dining rooms, highlighted by beautiful, coffered ceilings, crown molding, and soaring 12-foot ceilings. The inviting family room centers around a stunning encased marble fireplace, creating a warm and welcoming gathering space. The chef's kitchen offers granite countertops, abundant cabinetry, generous prep space, and a seamless flow into the family room perfect for entertaining family and friends. For added peace of mind, the refrigerator, microwave, and dishwasher have all been replaced within the last two years, making this kitchen as functional as it is beautiful. Upstairs, escape to the oversized owner's retreat featuring a spacious ensuite bath with marble vanity separate his-and-her sinks and a large walk-in closet. Three additional generously sized bedrooms provide plenty of room for family and guests, while the versatile loft nook offers the perfect space for a home office or study area. Additional updates and features include: Complete roof replacement 5 years ago. Fresh interior and exterior paint Updated lighting and modern fixtures throughout Hardwood flooring throughout the main living areas LED recessed lighting inside and out Kitchen appliances replaced within the last 2 years HVAC outdoor condenser units were replaced approximately 3 years ago Private backyard ideal for relaxing or entertaining Beautifully maintained and truly move-in ready Conveniently located near shopping, dining, Hartsfield-Jackson Atlanta International Airport, and major commuter routes, this home offers the perfect balance of luxury, comfort, and convenience. Homes, this well maintained, thoughtfully updated, and truly move-in ready are becoming increasingly hard to find. Schedule your private showing today and experience everything this exceptional home has to offer before it's gone.
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.
