1204 Silvercrest Ct, Powder Springs, GA 30127
4 beds · 4 baths · 2,425 sqft
BACK ON THE MARKET!!! This beautiful home is available again due to the buyer’s financing falling through—no fault of the seller. Don’t miss your chance to make it yours! Welcome to your dream home! This stunning two-story, 4 bedroom, 3.5-bathroom residence offers the perfect blend of style and comfort. As you step inside, you'll be greeted by beautiful engineered hardwoods that flow seamlessly throughout the main level. The open floor plan is accentuated by elegant archways and features a formal dining room ideal for entertaining. The heart of the home is the modern kitchen, boasting granite countertops, a spacious sitting island, a stylish tile backsplash, and pendant lighting. Stainless steel appliances complete the kitchen, making meal prep a joy. The family room is warm and inviting, centered around a striking stackstone fireplace, perfect for cozy evenings. Enjoy the convenience of a walk-in laundry room and recessed lighting throughout the home. Upstairs, you'll find spacious secondary bedrooms, with one offering an en-suite bathroom. The luxurious primary bedroom features a large bathroom with dual sinks, a separate jacuzzi tub & shower, tile floors, and spacious walk in closet. Cultured marble countertops add a touch of elegance to the upstairs bath. The home's exterior is just as impressive, with a brick front and hardiplank siding. Relax on the rocking chair front porch or enjoy the level, fenced backyard equipped with a concrete patio, perfect for outdoor gatherings. Home comes equipped with Pestban pest control system. This home is ideally located close to schools and shopping, making it the perfect choice for your next chapter.
Source: FMLS #7449270
Source: FMLS #7449270
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: #7449270