1443 Richland Rd SW, Atlanta, GA 30310
3 beds · 3 baths · 0 sqft sqft
Welcome to 1443 Richland Road SW, a charming bungalow that perfectly combines affordability and potential for customization, making it an ideal choice for first-time home buyers and DIY enthusiasts. This delightful bungalow features 3 bedrooms and 2 full bathrooms, providing a cozy yet spacious atmosphere for a growing family or individuals looking to step into homeownership. The classic bungalow design exudes character, and the welcoming neighborhood sets the tone for a warm and inviting home. Inside, you'll find a canvas ready for your personal touch Co an excellent opportunity for DIY lovers to unleash their creativity and transform this space into a personalized haven. The property's appeal extends to the private backyard, offering a blank canvas with endless possibilities for relaxation or entertaining guests. In close proximity to this vibrant and tight-knit community, you'll find the West End Performing Arts Center, Wild Heaven West End Brewery & Gardens, Mercedes Benz Stadium, StateFarm Arena, the New Lee + White Development featuring Monday Night Garage, ATL Airport & Downtown attractions, a variety of shops and restaurants, and much more. Enjoy the convenience of easy access to the interstate, Marta, and public transportation. Right across the street lies the Bush Mountain Outdoor Activity Center, a 26-acre urban nature preserve offering 2 miles of trails, a team-building ropes course, a childrenCOs nature-themed playground, and other delightful surprises. This lively and trendy locale is perfectly complemented by its proximity to diverse entertainment, outdoor activities, and essential amenities, making it an ideal community for those seeking an enriching and dynamic lifestyle. Don't miss the chance to own a home that not only fits your budget but also allows you to bring your unique vision to life. Contact Calvin with any questions!
Source: GAMLS #10352262
Source: GAMLS #10352262
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #10352262
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.