3362 Timber Rdg, Powder Springs, GA 30127
5 beds · 3 baths · 2,585 sqft
Welcome to this stunning 5-bedroom, 2.5-bathroom home nestled in the highly sought-after Country Walk subdivision, where charm meets community. From the moment you step inside, you'll be greeted by an inviting open-concept floorplan designed for both comfortable living and elegant entertaining. The spacious family room, anchored by a cozy fireplace, flows seamlessly into a formal dining area and a beautifully updated kitchen with white cabinetry, loads of cabinets and sleek stainless steel appliances, and plenty of counter space. A new dishwasher and a breakfast area await. The main level laundry room just off the kitchen has cabinets for optimal organization. The expansive garage offers more space to finish out, add a workshop or a gym area if you desire. Currently the homeowner has a sauna in this space as it offers so many options all while you can still park in the garage. The level driveway offers parking for 4 cars and the brick façade on this home makes it timeless. Step outside onto the expansive wood deck, the perfect setting for relaxing evenings, weekend cookouts, or gatherings with family and friends. Overlooking a fenced backyard, this outdoor space offers both privacy and versatility for year-round enjoyment. The outdoor shed also offers a great place to store lawn and tools so you can utilize the garage for other things. You will love how you can walk right out from the kitchen with just 1 step to your flat backyard. Upstairs has 4 spacious bedrooms one of which is the primary bedroom and bathroom. You will love the large walk in closet and the spacious primary bathroom with its double sinks, soaking tub and separate shower. The finished basement offers another bedroom making 5 beds and a large rec room which then walks out to the fenced backyard. Water heater and main & basement level HVAC systems were new in 2019 and the upstairs furnace is brand new. Located just half a mile from the Silver Comet Trail, this vibrant community offers an unmatched lifestyle with resort-style amenities including a clubhouse, swimming pool, tennis courts, basketball court, and a recreation field. There is not a better community for this price with the amenities that it offers. One of the best around in this wonderful highly sought after Cobb County School District. Whether you're looking to unwind or stay active, Country Walk has something for everyone. Short commute to Atlanta or just minutes to Downtown Marietta, you will love this location and all that it has to offer.
Source: FMLS #7558064
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7558064
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
