211 Alderwood Pt, Atlanta, GA 30328
3 beds · 4 baths · 2,625 sqft
High-end living in a great location! Alderwood on Abernathy is a gated community proximate to shopping, restaurants, schools and the Sandy Springs Greenway. Georgia 400 and 285. Front entry features large french doors into foyer and separate dining room leading into your spacious great room, overlooked by chef's gourmet kitchen, fully equipped with stainless steel appliances: microwave, oven, gas cooktop and hood, refrigerator, and large kitchen island sink with ? kitchen faucet and beautiful granite countertops and cabinets. Primary and secondary bedrooms on third floor each with their own ensuite bath and closets. Primary ensuite features a his/her double vanity, large soaking tub, and separate standing glass shower with double shower heads! Primary suite also boasts an extra sitting area, and also separate his/her closets, one with beautiful built-in closet system! Bottom floor features a spaciously finished full basement and full bath, perfect for third bedroom, or entertaining media/game room and home gym. Roof recently replaced, less than 1 year old! Newer AC unit, dishwasher, disposal, refrigerator, and double covered balcony decks recently repaired/stained. Community amenities include swimming pool and dog walk area, conveniently located near the home. Guest parking right behind the home making it easy for friends over! Conveniently situated on the corner of Abernathy and Roswell Rd, just minutes to food and shopping, like Trader Joe's, The Select, and less than 8 minutes to Perimeter Mall! HOA dues cover roof and patio maintenance/replacement.
Source: FMLS #7498316
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7498316
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: #7498316
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.