293 Orchard Trl, Canton, GA 30115
4 beds · 2 baths · 2,611 sqft sqft
Welcome to 293 Orchard Trail! Not only is this meticulously maintained home move-in ready, but it also looks and feels like new! Located towards the end of a cul-de-sac in the desirable Cagle Heights subdivision and in a highly ranked school district, this beautiful property exudes quality and craftsmanship. From its professionally landscaped yard to its impeccable interior, this home has been primed for its new owners to make it their own. Upon entering the foyer from the covered rocking chair front porch, you'll love its open layout, high ceilings, gleaming LPV flooring, premium wainscoting, and sectioned dining area with gently sloped archways, stately columns and an eye-catching coffered ceiling. Its eat-in kitchen is an entertainer's dream, featuring beautiful granite countertops, spotless stainless steel appliances, white shaker style cabinetry, under cabinet lighting, and a stylish subway tile backsplash. It also comes with a nice granite covered island, the convenience of double ovens, and direct views into the spacious family room and out at the sizeable fully fenced backyard, so what's not to love? Leading to the upper-level is a staircase with wrought iron spindles, which ushers you into the bonus living space in the flexible open loft. Each of the three generously sized secondary bedrooms are upstairs and share a huge hallway bathroom that features dual vanities and extra storage space. The crown jewel of the home is its owner's suite. Privately tucked away opposite the secondary bedrooms, this spacious retreat has a large dedicated sitting area, an oversized shower, separate soaking tub, dual vanities, a private toilet room, and a mile long closet! Accentuated by beautiful tray ceilings with crown molding inside and out, this space also comes with a huge walk-out balcony to enjoy morning coffee or relaxing evening down-time. Out back, there is plenty of space for cookouts, play dates, green thumbs, you name it! Plus, the extended patio slab is large enough to comfortably seat the gang away from the pit boss's handiwork. Be sure to visit the community recreation area including a large pool and playground. Conveniently located near schools, parks, shopping, dining, and I-575, this beautiful home is a definite must-see!
Source: GAMLS #10372605
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10372605
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.
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: #10372605
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