215 Sleepy Way, Canton, GA 30114
4 beds · 3 baths · 2,485 sqft
Gorgeous move-in ready home has lots of dreamy upgraded spaces throughout! Seller is willing to offer up to $2,500 toward Buyer's closing cost with an acceptable offer before December 18, 2024. Enjoy curb appeal for days with a sweeping front lawn leading to a southern style front porch, perfect for rocking chairs and cool Georgia evenings. Step inside to beautiful hardwood floors throughout the main floor living spaces including the front formal dining room with chair railing and plenty of room to entertain guests. Bright and spacious open concept living room has a shiplap feature wall and stunning gas fireplace centerpiece. Shiplap accents continue into the breakfast room and kitchen featuring a breakfast bar, granite counters, stainless steel appliances, tile backsplash, and large pantry. Enjoy a guest/MIL suite on the first floor with an updated bath with fully tiled walk-in shower. Upstairs, you are greeted by a large game room/loft with plenty of room to spread out! Retreat to the primary suite with tray ceiling and spa-like en-suite bath with dual vanities, soaking tub, and fully tiled frameless glass shower. Don't miss the large walk in closet with a window for natural light. Two spacious secondary bedrooms have plenty of closet space and an updated hall bath with custom tiled glassed-in shower. Never haul laundry baskets up and down the stairs again with the convenience of an upstairs laundry room! The outdoor spaces are just as dreamy with a fenced backyard backing to the woods for added privacy. Huge covered back patio with Spanish tile has room for multiple seating areas and a grill, while the extended patio offers even more ways to enjoy your backyard space. 2 car garage has additional spaces for storage. Community amenities include pool, playground, tennis, pickleball and more! Conveniently located just minutes to downtown Canton and shopping and dining. Rate incentive with preferred lender on this listing!
Source: GAMLS #10403858
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10403858
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: #10403858
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.