1828 Kolb Farm Cir SW # 7, Marietta, GA 30008
3 beds · 2 baths · 1,712 sqft
MOVE IN READY! So many updates. New lighting. Fresh paint. New vinyl wood plank flooring throughout both levels; solid red oak wood stairs to huge bonus room: Could be second master bedroom; has its own full bath, walk-in and linen closets, Palladian window makes it light and bright. Great also for roommate/companion suite -Or- office -Or- craft/sewing/exercise roomCaso many possibilities. The master on the main has a walk-in closet and recently renovated custom handicap accessible full-size shower; dual shower heads with diverter for handheld; grab bars and inset for shampoos; ADA compliant toilet; granite dressing table vanity. Second bedroom on Main level has own walk-in closet with linen closet shelves. Additional half bath on main level with granite vanity. Kitchen open view of dining room and living room; all appliances have been upgraded; dishwasher, garbage disposal, gas range/oven; stainless side-by side refrigerator with ice in door remains; Washer and dryer in laundry room off kitchen also remain. New granite counters Living room is vaulted and surround windows; decorative gas logs. Dining room has room for full size table. Truly end unit at end of complex; Private patio with view of woods; new wood fence surround. Large 2 car garage with side entry, kitchen level. Just miles to Marietta Square and East-West Connector or you can even walk to shopping across Powder Springs. Make this your home!
Source: GAMLS #10364408
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10364408
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: #10364408
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.