340 Housman Dr, Fayetteville, GA 30215
6 beds · 5 baths · 4,684 sqft
*** OPEN HOUSE - Sunday, 4/13 @ 1PM - 3PM *** Welcome to this meticulously cared-for home nestled in the desirable Horsemen's Run subdivision, within the highly sought-after Whitewater School District. Situated on a peaceful cul-de-sac lot, this exceptional residence boasts incredible curb appeal with stacked stone accents and Hardi siding, showcasing the pride of ownership throughout. The home is located in a community rich with amenities, including tennis courts, a sparkling pool, expansive green spaces, and a playground - perfect for family fun and relaxation. As you enter the home, you're greeted by a grand two-story entryway that is both welcoming and elegant. The main floor features gleaming hardwood floors throughout (except in the primary bedroom, where soft carpeting adds comfort), and a formal dining room that currently houses a beautiful piano, demonstrating the flexibility of the space. The spacious two-story family room, complete with a cozy fireplace, offers stunning views of the private backyard, providing a peaceful retreat. The heart of the home is the kitchen, which includes a charming keeping room with a second fireplace, an eat-in area, and modern appliances. A striking backsplash, walk-in pantry and nearby wine chiller make it an ideal space for both cooking and entertaining. The primary bedroom suite, conveniently located on the main floor, provides a serene retreat with a sitting room and an updated en suite bath. The bath features dual vanities with kick plate lighting for added ambiance and convenience, as well as his-and-hers closets for optimal organization. Upstairs, you'll find three generously sized bedrooms and a full bathroom with double vanities. Additionally, the walk-out attic space offers even more storage for your convenience. The finished terrace level is an entertainer's dream, featuring two additional bedrooms, a full bathroom, a game room, a media room, and a flex/hobby space that can be adapted to suit your needs. There's also an unfinished area with shelving, offering even more room for storage. Outside, a 2019 renovation of the back deck created an expansive area perfect for hosting gatherings, grilling, dining, or simply enjoying the outdoors. The fenced-in private backyard adds to the appeal, providing a tranquil setting for relaxation. The high-quality storage shed, complete with electrical wiring, a friend's entry door, and double doors for lawn equipment, offers added convenience. With a three-car garage, a full basement, and a wealth of additional storage options, this home offers ample space for both parking and organization. Thoughtfully updated and meticulously maintained, this home offers the perfect blend of comfort, convenience, and style. If you are looking to buy a home with confidence, this should be a consideration. There is not a corner cut in ownership or preparation for market! Check out the home improvement log attached for more information.
Source: GAMLS #10482246
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: GAMLS #10482246
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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.
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 “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.
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 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.