1848 GLENVIEW PARK CIR, Duluth, GA 30097
Gorgeous townhome with huge unfinished basement stubbed for a bath and wet bar. This beautiful property is located in the desirable "The Glens of Sugarloaf" gated community in Duluth. This home greets you with incredible curb appeal, beautiful entry and is located perfectly inside the community overlooking the large park/tree lined green space area. This home has an elegant long entry foyer that then opens to a great size chef's kitchen with a gas cooktop and huge upgraded quartz island. The kitchen is open to the big family room with a stunning stone linear fireplace operated with a remote and flanked by custom built-ins. This open concept floor plan also offers a large dining area open to both the family room and kitchen. There is a wall of windows across the back as well as a glass door that leads out to a private deck overlooking open tranquil landscaped area. The upstairs offers a large primary bedroom with trey ceiling, a big primary vaulted bathroom with a very deep soaking tub, double vanities, water closet and huge walk-in shower with a bench. Primary walk-in closet is a great size with tons of custom built-ins. There are two good sized secondary bedrooms that share a nice hall bathroom with a tub/shower combination. Laundry closet is located in the large and open upstairs hallway. The basement offers 9' ceilings and is great for storage or could be finished for another bedroom, bonus room, office, in-law suite, exercise room or whatever you'd like. There are very few of these townhomes in this community that offer a basement. There is also a nice sized 2 car garage with very tall ceilings, great for storage. This beautiful home also offers custom plantation shutters and custom surround sound on all 3 levels. Awesome location close to interstate, great shopping, restaurants, and more.
You may be able to put down less than the total down payment amount of $208,586 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: #7453988