1102 Riverview Dr SE, Marietta, GA 30067
2 beds · 1 baths · 1,039 sqft
Welcome home to your newly renovated condo in the much coveted and top-rated Sope Creek/Dickerson/Walton High School cluster. This hidden gem is nestled between the tranquil Chattahoochee River National Recreation Area and Nature Preserve. This brand-new unit features new hardwood flooring, new carpet in the bedrooms, new LED recessed lighting throughout, new light fixtures, new hardware throughout, smooth ceilings (goodbye outdated, stippled ceilings!), cement siding, and more. New HVAC August 2022. The updated kitchen includes granite countertops, separate pantry, extra-deep sink, gleaming stainless-steel appliances, a French door refrigerator, and a five-burner gas stove. The bathroom has coordinating granite, a custom-tile shower, tub, and direct access to the master bedroom. Living room has gas fireplace. Unit is on the main floor with no steps required for entry. Also includes double pane windows, separate laundry room with utilities, and outside storage room. Enjoy your wooded and picturesque private retreat in this tranquil community from your private, covered patio, or take advantage of the numerous recreation facilities available, including a resort-style salt pool, two lighted tennis courts, park-style seating areas around the community, ample and easy parking, and DIRECT access to both the popular Cochran Shoals three-mile biking/trail loop and the extension network of Sope Creek trails. The HOA monthly fee covers various essential services, such as water, sewer, trash, pest and termite maintenance, insurance, pool/tennis, ground maintenance, and exterior maintenance giving you more time to enjoy all of the wonderful amenities this haven has to offer. This quiet community is completely separate from the nearby larger condo/apartment community. **Individual/spot FHA approval available for this unit.
Source: FMLS #7437926
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7437926
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: #7437926
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.