1504 Parkaire Xing, Marietta, GA 30068
2 beds · 3 baths · sqft
This stunning end-unit home has been meticulously renovated throughout, featuring a new kitchen and bathrooms with modern updates, including soft-close cabinets and designer touches. Every room boasts custom California Closet systems, and the main floor is adorned with durable luxury vinyl plank (LVP) flooring. As you enter, the cathedral ceiling creates a spacious great room with a cozy fireplace, and the open stairway allows additional light to fill the home. The formal dining room leads to a beautifully updated kitchen with a large walk-in pantry and a breakfast room that opens to a fenced rear patio and small enclosed yard. The main floor also includes a conveniently located powder room, a laundry area with designer touches, and under-stairway storage. Upstairs, the primary suite is spacious with two custom closets and a private, updated bath. The secondary bedroom features a custom closet and a full bath. All bathrooms boast designer lighting, faucets, and custom cabinets with quartz countertops. As an end unit, this home benefits from extra windows for more natural light and offers ample parking just steps from your private front door. The Parkaire Crossing community features lush landscaping, a pool and a recently upgraded tennis court. Located off Davison Rd, this community offers a peaceful retreat yet is within easy walking distance to shops, restaurants, and Kroger. It is just 10 minutes from The Avenue East Cobb and provides access to the River and Azalea Park. Monthly HOA dues include exterior maintenance, grounds maintenance, dog waste stations, termite bond, water, sewer, and trash.
Source: GAMLS #10428107
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10428107
Source: Public records
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: #10428107
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.