2668 GORDON RD, Senoia, GA 30276
NO HOA!! Located on private drive off of Gordon Road. Beautiful and spacious craftsman-style home on five wooded acres, gives you the privacy you've always dreamed of! With over 3700 square feet, you can spread out with five bedrooms, flex space and separate office. You won't believe all the owners have done to make this home uniquely custom and exquisite. So much attention to to detail. Beautiful two story foyer with hardwood floors on main floor. Primary bedroom is on the main floor with coffered ceiling. Owner's bath has jetted tub with large tiled shower, double vanity and large walk-in closet. Additional half bath is located on main floor. Large, open kitchen features stainless steel appliances, granite counter tops with bar seating, tiled back splash along with wrapped vent hood, open shelving, additional breakfast area. Pantry in kitchen contains wooden shelves. Kitchen opens to family room with wood burning fireplace with a back drop of a shiplapped wall. Separate dining room with tongue and groove ceiling. Laundry room is off of the kitchen. Upstairs there are an additional four very spacious bedrooms with two other bathrooms, an office and flex space, perfect for hanging out to play games, study or watch tv. Outside you'll find the screened porch and fireplace, perfect for a morning cup of coffee. There are raised garden beds and property is fenced. The back of the property contains a flowing creek. The best part of this home is being tucked away, but yet, being so close to everything. Ask your agent about using our preferred lender for credit towards closing costs. You are literally minutes to I-85, Peachtree City, Sharpsburg, Newnan, Piedmont Newnan Hospital and Atlanta Airport.
You may be able to put down less than the total down payment amount of $331,037 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: #10302396