11 Bluff Ct SE, Cartersville, GA 30120
5 beds · 4 baths · 3,901 sqft
Back on the market due to buyer financing. No fault to seller. Welcome to your dream home nestled in the exclusive, semi-private cul-de-sac of Carter Grove - The Terraces. Surrounded by custom-built executive homes, this stunning residence boasts a spacious driveway, level front yard, and a charming covered front patio. Step inside through the grand double doors and be wowed by luxury flooring, soaring ceilings, and a custom chef’s kitchen. The kitchen is a masterpiece with an extended island, butler’s pantry, walk-in pantry, and picturesque windows and French doors that invite serene views of the wooded backyard and peaceful creek—no neighbors in sight! Upstairs features 4 oversized bedrooms, including an exquisite master suite with a massive walk-in closet, dual vanities, and an expansive shower. You’ll love the convenience of one of the largest laundry room you’ve ever seen! Downstairs, a recently finished basement offers endless possibilities. Whether you’re dreaming of a media room (pre-wired for 7-channel surround sound), a mother-in-law suite, or an epic man cave, this space is ready for your imagination. With a 5th bedroom, large closet, second laundry room, and full bathroom, the possibilities are endless. Don’t miss your chance to own this nearly new, move-in-ready home in one of the most desirable neighborhoods around. Your paradise awaits!
Source: FMLS #7462125
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: FMLS #7462125
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.