1794 Dekalb Ave NE, Atlanta, GA 30307
4 beds · 3 baths · 2,519 sqft sqft
Beautifully maintained and updated four-bedroom, three-bath END-UNIT townhome in the vibrant Lake Claire/Candler Park community just a short stroll to absolutely everything: the Beltline, restaurants, arts and entertainment! Sought-after Mary Lin Elementary is just around the corner as well as the Lake Claire pool, Pullman Yards, Lake Claire Park, Candler Park, Mulberry Fields, the Lake Claire Land Trust, Freedom Park and so much more - what an amazing location! Newer construction with a spacious, functional floorplan and open-concept kitchen, living and dining areas on the main level. Upstairs you will find a large primary suite with a modern ensuite bathroom with huge walk-in shower. There are two additional guest rooms and a bathroom well-situated for privacy, ideal for a roommates or guests. On the entry level there is an additional bedroom and FULL bath. This is the perfect flex space for a guest suite, roommate/rental, gym, art studio, music room, playroom/children's den. Friendly and well-maintained complex with shared community greenspace for pets and play. Gated, one-way egress to prevent through traffic. This unit has an absolutely amazing feel with fresh paint throughout, newly refinished hardwood floors, updated kitchen and abundant natural light! Spacious two-car garage with storage shelves that remain with the unit.
Source: GAMLS #10300084
Source: GAMLS #10300084
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: #10300084