1275 Saint Lawrence Dr, Alpharetta, GA 30022
4 beds · 3 baths · 3,283 sqft
Here is a $50,000 Price Reduction!!! Sellers say "Sell, Sell, Sell"! Are you looking for a dream home in the sought-after Rivermont subdivision of John's Creek? This stunning contemporary ranch home, situated on a desirable corner/cul-de-sac lot, boasts 4 bedrooms and 3.5 bathrooms and much more! As you step inside the foyer, you'll be greeted by a striking stone wall entry that leads into the spacious family room with vaulted ceilings and a captivating floor-to-ceiling stone fireplace and windows offering picturesque views of the backyard. Adjacent to the family room, the bright dining room features a wall of windows that flood the space with natural light, creating a perfect setting for meals while overlooking the lush yard. The kitchen, with its beautiful stained cabinetry, granite counters, and an electric cooktop with a gas hookup option, opens to a cozy breakfast/sitting area. The main level includes a convenient guest half bath and showcases two bedrooms that share a full bathroom. Also on the main level, the primary bedroom suite offers two closets and a private en suite bathroom with double sinks, a soaking tub, and a separate shower. Head down to the fully finished basement, where you'll discover a versatile music room (or 4th bedroom), a full bathroom, and an entertaining area with another impressive floor-to-ceiling stone fireplace and refreshment area. Sliding doors provide access to the vast fenced-in backyard, making it perfect for outdoor gatherings. The laundry room/mudroom offers access to the two-car garage, which includes ample storage and a wine cellar with temperature control. Enjoy the beauty of nature from the upper large deck area, which overlooks both the back and side yards. Deer and various bird species are frequent visitors, making this home a nature lover's paradise. The Rivermont Golf and Country Club community offers swimming, tennis, golf and a Clubhouse waiting for you and friends for dinner! With this home's fabulous location - you are conveniently located to further dining, shopping and entertaining!
Source: GAMLS #10351733
Source: GAMLS #10351733
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: #10351733