2982 HUNTSHIRE PL, Atlanta, GA 30340
$10,000 RATE BUY DOWN from the seller? YES, PLEASE! NEW ROOF? NEWER HVAC and WATER HEATER? YES, YES and More YES!! This house has everything that you need and more! From the moment you pull onto the street, you feel right at home. The small neighborhood is quiet and has easy access to shopping, restaurants, highways, and schools! The main level of the home has 3 different living areas. In the morning, you can wake up and have coffee in the sunroom which has panoramic views of the woods. In the afternoon, you can wind down and catch up with your family about their day in your family room. And in the evening you can curl up and watch tv in your oversized living room with a fireplace and wooden beams. You also have a finished basement with more living space if you want to escape to the terrace level! The possibilities are endless. Get ready to make dinners in this fabulous eat in kitchen with stainless appliances, granite counters and glass backsplash. Prefer to grill out? Step out onto the deck and grill your favorite meal while overlooking your private fenced-in backyard. There is also a dining room off of the kitchen for those oh so special nights! Upstairs you have 3 spacious bedrooms with a hall bath perfect for sharing. The large primary bedroom has hardwood floors and dual closets and the primary bathroom has granite countertops. Not only is the basement perfect for entertaining with a party space and built-in bar, but there is a ton of storage for all of those decorations, keepsakes, suitcases and more! You also have a 2 car garage that has plenty of space for cars and tools! Oh and did I mention that all the main systems are NEW? Water Heater was replaced in 2022, HVAC was replaced in 2023 and the Roof is Brand NEW! The only thing this house is missing is YOU!
You may be able to put down less than the total down payment amount of $310,545 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: #7438331
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.