165 SILVER TREE DR, Senoia, GA 30276
Welcome to your dream retreat nestled just minutes away from Downtown Senoia. This meticulously crafted 5-bedroom, 3.5-bath home offers an unparalleled blend of luxury, comfort, and natural beauty, sprawled across 11.320 acres of serene countryside. As you step inside, you're greeted by a grand 2-story foyer leading to a spacious open floor plan. The main level boasts a luxurious master suite, offering the convenience of main-floor living. The heart of this home is the expansive kitchen featuring a large island, perfect for gathering and entertaining. Stainless steel appliances, a separate cooktop, and a walk-in pantry make this kitchen a chef's delight. The adjoining 2-story great room invites you to relax by the fireplace while enjoying breathtaking views of the surrounding landscape. With a total of 3670 square feet, there's ample space for family and guests to spread out and enjoy comfortable living. Step outside onto the covered back porch and soak in the tranquility of your private oasis. Surrounded by lush greenery, it's the perfect spot for morning coffee or evening gatherings. Conveniently located just minutes from Downtown Senoia, you'll enjoy easy access to shops, dining, and entertainment while still relishing the peace and privacy of country living. Best of all, there's no HOA, giving you the freedom to personalize and enjoy your property to the fullest. Don't miss this rare opportunity to own a slice of paradise.
You may be able to put down less than the total down payment amount of $245,553 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: #10366582