1408 Wood Duck Rd, Woodstock, GA 30188
6 beds · 6 baths · 5,430 sqft
Location Location!!! River Ridge High School! 6 bed 6.5 bath Private Colonial Estate home on 6.5+ Acres! Relax in luxury! This home has it all! Privacy with a inground heated Salt Water pool & hot tub with water fall, large stone paver patio for entertaining, basketball, Tennis & Pickle Ball court! Step inside the double doors to your amazing foyer with a large crystal chandelier inviting you to the double sided grand staircase with Juliet Balcony! Chefs kitchen with double islands with marble tops, Sub Zero refrigerator, 8’ Sub Zero digital temp wine cooler, built in Miele Cappuccino machine, Microwave drawer, 6 burner Vented Gas Thermador stove with iron skillet, backsplash pot filler, Floor to ceiling lighted glass cabinets, tons of drawers & storage, 2’nd island with farm sink and stainless dishwasher overlooks the 9’ iron double doors, walk in pantry and coat closet opens to bright breakfast room and bright living room with 2 story ceilings and palladium windows and gas fireplace, master on main with gas fireplace overlooking the pool and water fall, newly renovated master bath with dual vanities with powered back lit mirror, massive shower with rain head feature, California closet with folding tables, drawers, changing bench and chandelier light fixture. Head upstairs for the additional 5 bedrooms each with their own private bathrooms. Full unfinished basement with garage door, 3 car oversized garage with quiet garage door openers, 4 new HVAC systems, new Water heaters, new hardwood floors, new exterior paint, all new insulation in attic, several new windows, new back & side yard sod, new gutters, long private wooded meandering driveway, tons of storage! Too Much to List! Must See!
Source: FMLS #7469696
Source: FMLS #7469696
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: #7469696
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.