1707 COUNTRY PARK DR SE, Smyrna, GA 30080
Updated 2 bedroom 2 bathroom condo located in this highly desirable Cobb County location. This spacious home features an updated kitchen with stainless steel appliances, granite countertops, and plenty of storage for all of your culinary needs. The kitchen opens up to a dining room which flows into a large living room with a beautiful gas fireplace that is perfect for entertaining. The home is flooded with natural light and the open layout makes this floorpan conducive for anyone. Large primary bedroom with beautifully renovated bathroom that includes a spacious double vanity and large walk-in shower! The secondary oversized bedroom provides plenty of room for guests or home office and has a large upgraded full bathroom with a shower/tub combination. Each room has a large walk-in closet offering plenty of storage space. Enjoy relaxing on your large private balcony overlooking the trees with views of the PATH trail. Located on the top floor and a corner unit this home allows extra privacy in an already tranquil setting. You will love living in this fantastic community that offers walkability, great community amenities, prime location, LOW HOA fees, and has ample parking for residents and guests! HOA fees include landscape, pest control, water, sewer and trash, exterior maintenance along with community amenities which include a community pool, tennis courts, pavilion & BBQ area. Location does not get better than this! Minutes away from Cumberland Mall, the Cobb Energy Performing Arts Center, the Silver Comet Trail, I-285 and I-75, 15 minutes to downtown Atlanta, and only 20 minutes to the Atlanta airport. Walking distance of The Battery Complex which features Truist Park, home of the Atlanta Braves, as well as some of the area’s finest shopping, dining, and entertainment! This home is a must see!
You may be able to put down less than the total down payment amount of $21,072 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: #7396711