206 Forest Creek Ln, Canton, GA 30115
5 beds · 3 baths · 3,220 sqft sqft
Charming home in Creekview Community - INSTANT 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 property 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 ,playroom or anything that you can imagine. 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 and an stunning double stairs that invites to the second level from the foyer and kitchen area, The second level features two bedrooms sharing a Jack and Jill bathroom, an additional bedroom with a private full bathroom and an oversized main bedroom that 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 garden grape arbor that provides the 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!
Source: GAMLS #10366401
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10366401
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: #10366401
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.