2857 Mcdaniel Station Rd SW # A, Adairsville, GA 30103
3 beds · 2 baths · 1,520 sqft sqft
Nestled under the protective canopy of established shade trees, this home beckons you with the promise of tranquility and potential. Just a short drive from I-75, downtown and Shopping and only 5 miles from Georgia Cumberland Academy, this charming one-level home offers a lifestyle of convenience and comfort. Imagine stepping into a spacious living room adorned with soaring vaulted ceilings, where natural light dances across the inviting space, perfect for family gatherings and cozy evenings. The roomy eat-in kitchen stands ready for your culinary adventures, a place where meals can be crafted and memories made. The ownerCOs suite is a true retreat, featuring a generous walk-in closet and a luxurious ensuite bath, complete with a jetted tub for pampering after a long day. As you explore the home, you'll find two additional bedrooms that share a thoughtfully designed bath, making it an ideal space for family or guests. This residence is more than just a house; itCOs a canvas waiting for your personal touch, a sanctuary where you can build a lifetime of memories. Whether youCOre an investor or a homeowner ready to create your dream space, this fabulous ranch invites you to envision the possibilities and make it your own! Your new home awaits! Shown By Appointment Only.
Source: GAMLS #10388236
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10388236
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.
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: #10388236