2318 Starr Lake Dr NW, Acworth, GA 30101
5 beds · 5 baths · 4,204 sqft
Discover instant equity that could be worth the equivalent of paying up to 7yrs of P&I + up to $3500 lender credit with our preferred lender in this 5-Bedroom, 4.5-Bathroom Home in West Cobb! Welcome to your dream home, perfectly situated in the serene and friendly neighborhood of Starr Lake. Bursting with features and endless possibilities. Priced below appraisal for immediate equity! You'll be greeted by gleaming hardwood floors as you step inside, fresh neutral paint, and brand-new plush carpeting. The heart of the home is the beautifully updated kitchen, featuring new appliances, freshly painted cabinets, and a spacious island. The new double ovens and gas cooktop are a chef's dream, perfect for culinary adventures. Whether you're gathering with loved ones in the expansive kitchen & dining area or stepping out onto the deck, this home is designed for creating cherished memories. The deck offers the perfect setting for outdoor relaxation, overlooking a peaceful, private, low-maintenance, natural and wooded backyard that allows you to spend your time on more important things than mowing. Need a space to work from home? The main level includes an office with French doors and built-in bookcases, perfect for your next video meeting. Escape to the tranquil owner's suite, complete with a cozy sitting area, an expansive walk-in closet, and bath featuring a walk-in shower and jetted tub. The finished basement adds even more space, with an additional bedroom and bathroom, a versatile office space, and an entertainment area perfect for a man cave or a kids' play zone. Plus, there's a large storage room. With a roof and upstairs HVAC replaced in 2020, this home offers peace of mind and low maintenance living. Spend your weekends enjoying the abundant community amenities, including a stocked fishing pond, refreshing pool, tennis and pickleball courts, a clubhouse, and a scenic walking trail-all exclusive to Starr Lake residents. Conveniently located near Lake Allatoona, shopping, dining, local cafes, multiple parks, and top-rated schools, this home provides the perfect blend of comfort and convenience. With easy access to major highways and side roads for stress-free commuting, this move-in ready gem has it all. Don't miss the opportunity to make this your forever home. Schedule a private viewing today!
Source: GAMLS #10387747
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10387747
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: #10387747
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.