149 CEDAR WOODS TRL, Canton, GA 30114
Experience the epitome of luxury living in this extraordinary 6-bedroom, 5-bathroom, 2- 1/2 Bath estate nestled on a private, wooded lot in the prestigious Summit at Bridgemill. This stunning home, boasting 7,421 square feet of meticulously finished space and offers the perfect blend of elegance and functionality. Step into a grand two-story entrance adorned with marble floors, leading you to a serene workspace complete with custom millwork, vaulted beamed ceilings, a cozy fireplace, and built-in bookshelves. The main level features a spacious master suite, one of two in the home, providing a tranquil retreat with a double-sided fireplace, a luxurious bathroom with a soaking tub, a double-head shower, and ample space for a massage table. Entertain in style in the formal dining room, with a stunning wall of windows offering treeline views, or host intimate gatherings in the keeping room with a wine rack and gourmet kitchen designed for culinary enthusiasts. The kitchen is the heart of the home, featuring a large island perfect for a dessert bar and a seamless flow into the family room. On the terrace level, discover a full in-law suite featuring a second master suite, a media room with a fireplace, a full kitchen with a breakfast bar, and a fitness room. This level also offers a private covered porch and a small deck overlooking a tranquil rock garden, making it the ideal space for guests or extended family. The home sits on a corner cul-de-sac lot, nearly half an acre, providing a low-maintenance courtyard-style backyard that can be expanded to suit your needs. Enjoy the exceptional amenities of this community, including beach volleyball, pools, golf, tennis, pickleball courts, walking trails, playgrounds, a clubhouse, and a fitness center, all without the burden of mandatory membership. Conveniently located near the highway for easy access to the airport, this home is a sanctuary you'll love returning to after every vacation. With its four-side brick and stylish stone exterior, this residence offers both timeless beauty and ease of maintenance. DonCOt miss the opportunity to own this meticulously detailed masterpiece in a sought-after location.
You may be able to put down less than the total down payment amount of $134,768 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #10370780