3045 Pleasant Valley Trl, Cumming, GA 30028
5 beds · 4 baths · 4,038 sqft sqft
***Seller's mortgage is ASSUMABLE at an interest rate of 2.75%, could save hundreds on your Buyers' mortgage payment!*** Welcome to Pleasant Manor Estates, this captivating like new two story home is the perfect blend of comfort, style and functionality. Home has 5 spacious bedrooms and 4 full baths, nestled in a highly sought after neighborhood and school district. As you step inside, you'll be greeted by an expansive open floor plan complemented by modern design and finishes. The main floor includes the one stand out feature, a gourmet kitchen which opens seamlessly into the keeping room which features one of the 2 fireplaces. It boast new gorgeous to the ceiling lighted cabinets, a large breakfast bar/island, upgraded counter tops with Calcutta Quartz. Also, on the main floor you will find one of five bedrooms with a full bath. Great for for overnight guest or ideal for multi-generational living. Journey upstairs to find 4 more bedrooms and 3 full baths, with newly upgraded carpet. You also find a spacious media room great for family entertainment. Along with a office nook or study. The oversized owners suit features a sitting area to enjoy morning coffee or tea. Owners bath features his and hers separated vanities, soaking tub with separate shower and large walk in closet. All bedrooms are luxurious and well-appointed. This stunning newly painted (exterior and interior) home sits on a large corner lot facing the cut-de-sac. Along with the well landscaped fenced back yard, this space invites outdoor entertaining and provides a safe secure area, for family, pets and outdoor fun. Residing in this prestigious community you can enjoy the sparkling pool perfect for summer fun. Don't miss the opportunity to live in this like-new home, with so many stunning upgrades. Welcome Home!
Source: GAMLS #10371630
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10371630
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: #10371630
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.