2486 ROCKCLIFF RD SE, Atlanta, GA 30316
Welcome to 2486 Rockcliff Road! This delightful renovated 3-bedroom, 2-bathroom ranch home offers a perfect blend of comfort, style, and convenience. Nestled in a serene neighborhood, this property is just minutes away from the vibrant East Atlanta Village and offers easy access to major highways, making your daily commute a breeze. When you walk up to the home you will be greeted by a large porch perfect for your morning coffee. Inside you will find an open-concept living room with a warm and inviting atmosphere for family gatherings and entertaining guests. The updated kitchen boasts granite countertops, recessed lighting, stainless steel appliances and ample cabinetry. Three generously-sized bedrooms provide plenty of space for relaxation and privacy. The master suite includes a built-in custom closet and an en-suite bathroom with a luxurious walk-in shower and LED mirror with anti-fog settings. This home also includes an un-finished basement with ample storage space, ready for you to make it your own. Outside you will find a large deck directly off of the dining space with expansive fully-fenced backyard ideal for outdoor dining, and plenty of room for gardening or recreation. Located in the sought-after East Atlanta neighborhood, this home is close to parks, shopping, dining, and entertainment options. Included with the home is a Vivint alarm system with camera, front door keypad and Nest digital thermostat, all ready for you to activate for your use. It's also within a short drive to downtown Atlanta. Don't miss this opportunity to own a beautiful home in one of Atlanta's most desirable areas. Schedule a tour today and experience the charm and convenience of 2486 Rockcliff Road SE!
You may be able to put down less than the total down payment amount of $50,665 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: #10369834