114 Kennesaw Dr, Thomaston, GA 30286
3 beds · 2 baths · 2,475 sqft
This STUNNING three bedroom, 2 1/2 bathroom home in beautiful Davis Hills is available just in time for the holidays! With four sides brick and a GORGEOUS screened in back porch overlooking a large, well-kept and private backyard, a new HVAC system, and a finished basement, this home has everything you've been looking for and SO MUCH MORE! There are Shalimar stone floors in the foyer and family room and 6-inch PINE hardwoods in the living and dining rooms. A Shalimar stone fireplace and high, beamed ceilings complete the large and GORGEOUS family room. The lovely living room also has custom molding, a second brick fireplace, and a charming reading nook with built-in bookshelves. In the updated dining room, you will find French doors that lead to the 12x23 screened in porch and an additional patio with an iron gate and brick wall. The beautiful kitchen has GORGEOUS granite countertops and a tiled backsplash. Upstairs, you will find upgraded flooring throughout as well as charming bedrooms and lots of storage. The HUGE primary suite boasts his and hers closets. The established neighborhood is highly sought-after and is close to the hospital and downtown Thomaston as well as being convenient to schools and shopping. This LOVELY home sits on one-and-a-half lots and is ready for you to move right in! Call today to schedule a tour!
Source: GAMLS #20160542
Source: GAMLS #20160542
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: #20160542