1251 Polk Xing
Mcdonough, GA 30252
6 beds · 5 baths · 6,283 sqft
$510,000
Get prequalifiedAbout this home
**Dream Home Alert: A Stunning Tri-Level Masterpiece** Welcome to a residence where luxury meets innovative design, a true showcase of modern elegance. This exceptional home redefines traditional layouts with its unique three-level configuration, featuring a stunning reverse basement that elevates your living experience. **Main Floor Elegance:** Upon entering, you're greeted by a grand two-story foyer that sets the tone for the rest of the home. The soaring ceilings and opulent design elements create an atmosphere of grandeur. The main level offers an array of refined spaces including a formal living room and a sophisticated mudroom. Rich hardwood floors flow seamlessly throughout the area. A highlight of this floor is the bespoke bar and hookah lounge-perfect for entertaining or relaxing in style. Additionally, this level boasts a beautifully appointed bedroom and a full bathroom, providing a private and comfortable in-law suite for your family or guests. **Gourmet Kitchen:** The chef's kitchen is a culinary masterpiece featuring gleaming granite countertops and high- end stainless-steel appliances. This open-concept space is designed to inspire gourmet creations and is ideal for both intimate meals and grand entertaining. **Second Floor Serenity:** Ascend to the second floor where a spacious loft overlooks the elegant front entrance. The oversized primary suite is a true retreat, complete with a double-sided fireplace and two expansive walk-in closets. The en-suite bathroom ensures luxury and convenience, while a second full bathroom, accessible through a Jack-and-Jill layout, serves the additional bedrooms with ease. **Reverse Basement:** The third floor, your entertainment haven, features a versatile loft, a state-of-the-art theater room, and ample storage closets. Here, you'll find another generously sized bedroom and an additional walk-in closet, providing endless possibilities for relaxation and recreation. **Outdoor Oasis:** Step outside to your choice of outdoor retreats-an upper-level deck perfect for al fresco dining or a ground-level patio ideal for casual gatherings. This home is a harmonious blend of grandeur, functionality, and sophistication, designed to offer unparalleled comfort and style. Experience the ultimate in luxury living-your dream home awaits.
Source: GAMLS #10413681
5-year savings
Neighborhood
FAQs
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.
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.
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.