245 Colser Dr, Covington, GA 30016
2 beds · 2 baths · 939 sqft
Welcome to 245 Colser Drive, a newly renovated, charming single-family home located in Covington, GA. This beautiful property was built in 2006 and offers a cozy and inviting atmosphere for its residents. With 2 bedrooms and 2 bathrooms (The Master bedroom has it's own private bathroom) and a total of 939 square feet of finished living space, this home is perfect your buyer looking for a comfortable place to call their own. As you step inside, you'll immediately notice the well-maintained interior and plenty of natural light. The open-concept layout of the living and dining areas creates a seamless flow throughout the home, making it perfect for entertaining guests or simply relaxing after a long day. The kitchen is a chef's dream with, ample marble counter top space, and plenty of storage options. Whether you're preparing a quick meal for yourself or cooking up a feast for friends and family, this kitchen has everything you need to whip up delicious dishes with ease. The bedrooms are spacious and offer plenty of closet space for all your storage needs. The bathrooms are clean and well-appointed, providing a comfortable space to unwind and refresh. Outside, the property features a modest lot size of 1,307 square feet, which requires minimal maintenance while still providing a lovely outdoor space for gardening or relaxing in the fresh air. With a quaint patio area, you can enjoy a morning cup of coffee or host summer barbecues with loved ones. Located in Covington, GA, this home offers easy access to local amenities, schools, parks, and more. Whether you're looking to explore the vibrant city scene or escape to the tranquility of nature, there's something for everyone in this charming community. Don't miss your chance to make this lovely property your new home. With its convenient location, modern amenities, and cozy ambiance, 245 Colser Drive is the perfect place to create lasting memories and enjoy the comforts of homeownership. Schedule a showing today and experience all that this wonderful home has to offer!.
Source: FMLS #7476929
Source: FMLS #7476929
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: #7476929
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.