1605 Mcgarity Rd, Mcdonough, GA 30252
3 beds · 2 baths · 1,658 sqft sqft
Nestled on a spacious, level lot, this beautifully maintained 3-bedroom, 2.5-bathroom brick ranch offers a perfect blend of comfort, style, and convenience. With all major components recently updated, this home is move-in ready! Key Features: Owner's Suite Retreat: The owner's suite is a true haven, featuring a cozy bay window, walk-in closet, and an en-suite bath with a separate vanity/dressing area, updated with granite countertops, modern fixtures, and a tiled wet area. Welcoming Entrance: Step onto the inviting rocking chair front porch, which leads you into a bright and airy foyer that flows into the vaulted family room, complete with a gas-starter fireplace. The formal dining room showcases a large picture window and elegant shadowbox trim-perfect for hosting family dinners. Functional and Stylish Kitchen: The kitchen offers both style and practicality with its solid wood cabinetry, granite countertops, and decorative tiled backsplash. Stainless steel appliances, including a gas range with a griddle plate, add a modern touch, while recessed lighting brightens the space. You'll also appreciate the pantry with a custom door and a sunny breakfast nook-perfect for casual meals. Additional Living Spaces: Enjoy the convenience of a spacious laundry room with shelving and an additional powder room for guests. Plus, hardwood floors flow throughout the main living areas, while tile graces the kitchen and bathrooms. Bedrooms are carpeted, ensuring comfort and style. Extras & Updates: Granite countertops in all bathrooms Modern 3-panel doors with updated hardware Freshly painted interior New architectural roof with modern black gutters and downspouts Storm/security doors on all exterior entrances Outdoor Living: The outdoor space is just as impressive! The solid rear deck overlooks a huge, fenced backyard with a firepit-ideal for relaxing or entertaining. Beautiful rock beds enhance the front yard's curb appeal, and with no HOA, there's plenty of room for your camper, boat, or other toys. Prime Location: Conveniently situated near the historic McDonough Square, you'll be close to shopping, dining, schools, and more, while still enjoying the peace and tranquility of a desirable neighborhood. This home truly has it all! Don't miss your chance-schedule your private tour today! ASK ABOUT LEASE PURCHASE OPTION
Source: GAMLS #10398109
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10398109
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: #10398109
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.