3254 Blackley Old Rd, Douglasville, GA 30135
6 beds · 5 baths · 0 sqft sqft
Located in the charming Tributary community, this spacious home offers a generous floor plan and a host of features. The chef's kitchen, equipped with granite countertops, an oversized island, and stainless steel appliances, is a culinary dream. The bright living room, which seamlessly connects to the kitchen, creates an inviting and open atmosphere. The main floor includes a guest bedroom and full bathroom, perfect for accommodating guests or multigenerational living. The master suite serves as a luxurious retreat, featuring vaulted ceilings, a separate sitting room, double vanities, a tiled shower, and a jetted tub. Additional secondary bedrooms are spacious with walk-in closets and Jack and Jill bathrooms, providing comfort and functionality for family living. The finished third-floor terrace level offers endless possibilities, with a living area, bedroom, and full bathroomCoideal for recreation, a home office, or guest accommodations. Set in a beautiful community with numerous amenities (including cable and Wi-Fi as part of HOA dues), this home combines suburban tranquility with easy access to city life, just 20 minutes away. This is a unique opportunity for a buyer to add their personal touch and create their dream home. Don't miss out!
Source: GAMLS #10363251
Source: GAMLS #10363251
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: #10363251