1702 Camden Forrest Trl, Riverdale, GA 30296
3 beds · 2 baths · 1,566 sqft sqft
Welcome to a charming townhouse located in the serene community of Camden Forrest in Riverdale, GA. In this property the master bedroom located on the first floor, boasting 3 bedrooms and 2.5 bathrooms, has been completely renovated to offer a modern and inviting living space, this home is perfect for both families and investors. The interior of the home features a beautifully updated kitchen with exquisite white quartz countertops, providing a sleek and functional space for all your culinary needs. The entire house has been freshly painted and includes new carpeting and flooring, creating a fresh and welcoming atmosphere. One of the standout features of this townhouse is the spacious master bedroom located on the first floor. This master suite includes a walk-in closet and a full bathroom, offering both privacy and convenience. The living area is enhanced by a cozy fireplace, perfect for relaxing evenings. The property also includes a fantastic backyard with a storage shed, ideal for additional storage or a workshop, there is ample space for outdoor activities and gardening. Located conveniently close to the airport, this property is an excellent choice for frequent travelers. The low HOA fees add to the appeal, making it a cost-effective option. The townhouse is also within proximity to local schools such as Oliver Elementary School, North Clayton Middle School, and North Clayton High School, making it a great choice for families. The estimated market value of this property is over the asking price. This makes 1702 Camden Forrest Trl not only a beautiful home but also a sound investment opportunity. Don’t miss the chance to own this stunning townhouse. Schedule your visit today and experience all that this home has to offer.
Source: FMLS #7460033
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7460033
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.
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: #7460033
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.