240 Rose Ridge Dr, Canton, GA 30115
5 beds · 6 baths · 10,964 sqft sqft
Welcome to Sweet Brier Manor. This meticulously maintained stately home offers two completely separate living spaces with designer upgrades in every detail. The home is nestled in 5.08 acres of lush lawn and wooded areas both. The gorgeous self cleaning salt water pool with fountains is breathtaking and desirable beyond what you can imagine for family gatherings and entertaining. In the fall and winter you can view the large pond that borders the property. This spacious 5 bedroom, 5 1/2 bath home features a banquet size dining room, spacious living room with fireplace that adjoins the large screened porch. The chef's kitchen with imported granite, upgrade SS appliances, keeping room with fireplace adjoins the deck and overlooks the fabulous pool.This gracious home is appointed with two Primary suites, the main floor has a sitting room with fireplace adorned by bookcases on each side, large bedroom with double closets and luxurious ensuite bathroom with granite double vanities, huge soaking tub, separate shower and water closet. The opposite wing includes the second bedroom/office on the main floor with a private full bathroom and friends entrance and porch. The lower level Primary is handicap accessible with a private drive and entrance, and is the same size as the main floor primary, also with a sitting room, luxurious bathroom, tile shower, large soaking tub, granite double vanities, water closet including a huge room size closet with washer/dryer connections. The lower level also encompases a large chef's kitchen with imported granite, upgrade SS appliances with large eating area adjoining a spacious llving/great room with a fireplace that opens to a screened porch that walks out to a delightful patio with fountains. The 3 car garage could be easily adapted for handicapped use. The main level has wide halls to accomodate a wheel chair if needed. Taxes reflect Sr. exemption for 2023.
Source: FMLS #7448290
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7448290
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: #7448290
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.