165 Standing Oak Pl, Fayetteville, GA 30214
9 beds · 5 baths · 6,302 sqft sqft
Motivated Seller's, Bring ALL Offers! Step into Style and Elegance in this All Brick 9 Bdrms 5.5 Bths 3 Story Home on a Full Basement and 3 Car Garage in the Sought after Country Lake Community! I must also mention that this home has 4 Fireplaces! Stepping into the Entrance leads into the 2 Story Stone Tiled Foyer! Continuing into this Home with Hardwood Flooring, You are Greeted with a Beautiful Separate Livingroom area and Separate Dining Room with Columns which is large enough to seat a Large Party of Guests, not ignoring the Coiffured Ceilings! As You continue into this Beauty, You cannot escape the Luxury and Comfort of the Family Room with 10" ceilings! Walking around into the Kitchen area, there are Marble Countertops including the Breakfast Bar, Marble Top Island, Full Wall Unit Oven, and a Separate Eat In Kitchen area as well; Yes, and the Master is located on the Main Level with its own Fireplace and a separate Sitting Area with Coiffured Ceilings; The Ensuite Bathroom with a Soaking Tub, Separate Shower also Has Separate His and Her Sinks; The Upper Level of this Home includes 4 Large size Bdrms which includes a Jack and Jill Bthrm each! As you begin to walk into the Ultimate Entertainment Zone in the Basement, There is so much space to host a multitude of Guests! Oh, but the Bar is the Eye Catcher in this Party Zone! There is also a Nice sized Party Area, perfect for the Pool Table and Dancing! Located on this lower level are 4 Bdrms in which one has a Fireplace and 2 Full Bthrms! As You exit the home on the Main Level there is a Screened in Porch ready for grilling your favorite meal! In Addition to such a Beautiful Home, this Community boasts a Friendly, Quiet Community, a Clubhouse, pool, and tennis courts. As You See, there are endless amenities in this Home and Community! Come out and see it for Yourself and Make it Your Forever Home Today! $20,000 Seller Concessions to Buyer! HSA Home Warranty Included! Low interest rate VA loan can be assumed by eligible veteran.
Source: GAMLS #10358168
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10358168
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: #10358168
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