2270 COBBLE CREEK LN, Grayson, GA 30017
Welcome to 2270 Cobble Creek Ln in the highly desirable Grayson School District! This stunning single-family home offers an unparalleled combination of space, comfort, and style. With 5 bedrooms, 3.5 bathrooms, and a finished basement, this 3-story home is perfect for families of all sizes. As you enter the property, you will be greeted by a spacious and inviting foyer. The main level features a modern and open concept floor plan, with a large family room with cozy fireplace, formal dining room, and den. The gourmet kitchen is sure to impress even the most discerning chef. The kitchen boasts all stainless steel appliances and has ample cabinet space with a separate pantry in the laundry room off the kitchen. Upstairs, you will find a luxurious master suite complete with a spa-like bathroom. An ensuite with fireplace. Huge walk-in closet too! Boasts a 12-foot tray ceiling in the master bedroom. The additional bedrooms are generously sized and offer plenty of space for relaxation and privacy. Downstairs in the finished basement you will find a kitchenette, full bath, 1 bedroom, living room, and impressive library/office. The basement also has an attached sunroom with fireplace. A nice addition to all this is a climate controlled 10x20 storage space. Outside, the fenced backyard provides a safe and serene space for outdoor activities and huge deck for entertaining. The expansive driveway offers plenty of parking space for you and your guests. Now, let's talk about the neighborhood. Cobble Creek Ln is conveniently located within close proximity to some of the best amenities and attractions in the area. Just a short drive away, you will find Grayson City Park, offering tennis courts, walking trails, and picnic areas. Grayson High School and Grayson Elementary School are also within walking distance, making this property ideal for families with children. For those who enjoy dining out, you'll be pleased to know that there are plenty of fantastic restaurants nearby. From cozy cafes to elegant fine dining establishments, there is something to satisfy every palate. Don't miss your chance to own this exceptional property in the heart of Grayson. Schedule your private showing today and experience the best that this home and neighborhood have to offer. Call now to find out more information and make this house your new home!
You may be able to put down less than the total down payment amount of $270,399 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: #7443451
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.