2950 WILDROSE CT, Hampton, GA 30228
MOTIVATED SELLER! OFFERING UP TO $3K TOWARD CLOSING AND $2K FOR BUYER'S MOVING EXPENSES. SALE MUST CLOSE AT ASKING PRICE OR HIGHER BY 10/18/24 TO QUALIFY FOR INCENTIVES. Charming ranch-style home in a quiet, established community. Behold, an inviting full length front porch welcomes you as you step up to the front entrance. Imagine yourself there, relaxing in your rocking chair, sipping a cup of coffee or lemonade while you witness the colorful splendor of autumn blanketing your lawn. Upon entering, a spacious formal living room to your left and elegant dining area on your right evoke a warm, inviting sense of “this is home.” The well-appointed kitchen, truly the heart of the home, features stylish hard surface countertops, stained cabinets, and a handsome breakfast bar, making it perfect for both casual meals and entertaining. The eat-in kitchen area provides a lovely view of the family room, fostering a sense of togetherness and ease. Step into your spacious master suite. You have a big bed and furniture? Not a problem. This primary bedroom is huge. The master bath has a double vanity and a separate stand-up shower with handrails. Two additional bedrooms on the opposite side of the home offer ample space for guests, a home office, or creative pursuits. The attached two-car garage in the front is large enough for both vehicles plus extra storage, adding both security and convenience. At the back, your enclosed porch, which overlooks a lush green space, offers an oasis of privacy and calm. Whether you're hosting a barbecue, playing ball, running with your dog or enjoying a quiet afternoon, this space is perfect for a variety of activities. The home and surrounding neighborhood together exude a peaceful atmosphere, ideal for growing families or those seeking comfort and tranquility. Although conveniently close to local amenities and access to I-75, this home still provides a serene escape from the daily hustle and bustle. Experience the cozy and comfortable feel of this beautiful, well-kept property, needing only a few signature touches to make it your own sanctuary.
You may be able to put down less than the total down payment amount of $75,242 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: #7442682