260 MANNING RD SW # 48, Marietta, GA 30064
Come experience the near- everything lifestyle in this spacious move-in ready townhome in sought after swim/ tennis Queensborough Square. With charming brick sidewalks and well manicured lawns, you will fall in love with this quaint community and this 3 bedroom home that has lots of unique spaces to spread out! Step inside to a bright and light filled living room featuring gorgeous vinyl wood floors that flow throughout the main level, beautiful crown molding and a stately fireplace perfect for those chilly Georgia winter days. A bay window and another alcove near the stairs would make cozy reading nooks or places to display your treasures. Follow a hallway with a half bath to the large and open concept kitchen that is sure to stun! Gorgeous granite counters, island with seating, stainless steel appliances, tile backsplash, and updated light fixtures will surely impress any guests you welcome into your home. A large dining room in the space also has easy access to the back deck for al fresco dining or enjoying a quiet evening with coffee. Laundry room is nearby for added convenience. Upstairs, retreat to the primary bedroom with vaulted ceiling and spacious walk-in closet, as well as an en-suite bath with dual vanities, soaking tub, and walk-in shower! Two spacious secondary bedrooms with large closets and a full bath close by ensure room for everyone. Need a little added space? Don't miss the basement level with a large room that could be used as a home office, craft room, man cave, media room, you name it! Easily finish the full bath for added convenience and with a 2 car garage this space has it all! Located a stone's throw away to Historic Marietta Square where you will find a variety of restaurants, shops, entertainment and with Laurel Park literally across the street you will enjoy the convenience of having everything you could possibly want at your fingertips. Don’t miss the opportunity to own this gem! Hurry book your tour today!!!!
You may be able to put down less than the total down payment amount of $64,587 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: #7432157