206 FOREST CREEK LN, Canton, GA 30115
Charming home in Creekview Community - INSSTANT EQUITY AWAITS! This spacious home is your chance to own a beautiful property at an exceptional value, listed WELL BELLOW MARKET COMPARABLES for a quick sale !!. If you're seeking a project that offers instant equity, look no further! Nestled in the established Creekview community, this home features a stunning two-story foyer that leads to a formal dining room and a versatile flex space perfect for an office. The large living room is warm and inviting, complete with a cozy fireplace that seamlessly connects to the kitchen. The kitchen boasts ample cabinetry, elegant granite countertops, and an expansive island, making it a true centerpiece for gatherings. Adjacent to the kitchen, you'll find a convenient pantry and laundry room. On the main floor, you'll discover one bedroom and a half bathroom, while the second level features two bedrooms sharing a Jack and Jill bathroom. The oversized main bedroom offers a cozy seating area, perfect for relaxation, along with an en-suite bathroom that includes a separate shower, tub, and spacious walk-in closet. Step outside to the flat, corner lot backyard, where you'll find a beautiful barbours in a European style-a perfect retreat for outdoor gatherings. This charming space, complete with comfortable seating, is ideal for entertaining friends and family or simply enjoying a peaceful evening under the stars. The yard also features a gazebo, enhancing the outdoor experience. With a two-car garage and ample driveway space, parking will never be a concern. Don't miss this incredible opportunity! THE SELLER WILL REMOVE ALL PERSONAL ITEMS BEFORE CLOSING , making this the perfect canvas for investors or families ready to add value and make it their own. Act fast - this gem won't last long!
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: #10366401