3002 Sarah Ln, Griffin, GA 30224
4 beds · 3 baths · 2,434 sqft sqft
Recently updated and meticulously maintained in a sidewalk community featuring a neighborhood pool. This charming home, adorned with stacked stones, is perfectly positioned on a double cul de sac lot with stunning landscaping and an inviting wraparound porch -- ideal for a swing, rocking chairs, and fern hanging baskets. The open great room boasts vaulted ceilings and a cozy fireplace, leading to the formal dining room with a tray ceiling and ample natural light. The kitchen was recently upgraded with a new subway tile backsplash, tile flooring, stainless appliances, and dark wood cabinets. Enjoy picturesque views of the backyard from the beautiful breakfast area. The main bedroom offers a spacious retreat with a tray ceiling and a cozy sitting area suitable for relaxation or work. The ensuite bath features a dual vanity, garden tub, separate shower, and a walk-in closet. On the east side of the home, you'll find two additional bedrooms and a bathroom. The second level has a generous-sized bedroom with an ensuite bath, perfect for an in-law or teen suite. The outdoor space is a dream come true! Create an ADU or tree house in the expansive backyard, ideal for outdoor lovers. Gather around the fire pit for s'mores in the evenings while the extended back patio awaits your outdoor furniture with umbrellas and grill. With a 2-car side-entry garage, two extra parking spaces, and a long driveway, this home is AMAZING! Sitting on two lots and 2 acres, this home has easy access to I-75 and is close to the new Spalding County Aquatic Center.
Source: GAMLS #10381440
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10381440
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: #10381440
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