1077 Sly Fox Run, Fairburn, GA 30213
5 beds · 3 baths · 3,060 sqft
Welcome to Your Dream Home in Sierra Estates. Discover this beautifully maintained residence in the highly sought-after Sierra Estates community, where luxury seamlessly blends with comfort. This impressive home features 5 spacious bedrooms and 3 full baths, making it ideal for families and entertainers alike. As you step inside, you'll be greeted by an open floor plan enhanced by coffered ceilings, creating an inviting and airy atmosphere. The separate dining room accommodates up to 10 guests, perfect for hosting formal gatherings, while the formal living room provides additional space for relaxation or entertaining. The heart of the home is the expansive eat-in kitchen, complete with an island, stained cabinets, a walk-in pantry, abundant cabinet space, granite countertops, and stainless steel appliances. The large family room is designed for cozy gatherings, featuring a warm fireplace and an abundance of natural light that brightens the entire space. This home boasts a variety of upgraded features, including stylish accent walls, modern light fixtures, elegant lighting throughout, security cameras, and beautifully landscaped outdoor areas. The property sits on the largest lot within the subdivision, offering a unique and tranquil setting. The main floor suite ensures privacy, complete with a full bathroom-perfect for guests or extended family. Upstairs, the oversized Owner's Suite serves as a serene retreat, featuring a cozy seating area, two walk-in closets, a luxurious soaking tub, a tiled separate shower, and double sinks. The spacious secondary rooms on the upper level also include ample space and additional walk-in closets for convenience. Fresh paint throughout the home enhances its appeal, providing a bright and modern feel. The large backyard is ideal for outdoor activities and entertaining, ensuring you can enjoy the beautiful surroundings. Conveniently located just minutes from I-85 and Hartsfield-Jackson International Airport, this home is also part of a vibrant community that features an active HOA, a swimming pool, and a clubhouse. Don't miss your chance to own this meticulously maintained home in Sierra Estates
Source: GAMLS #10382770
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10382770
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #10382770