37 Linwood Rd NW, Adairsville, GA 30103
5 beds · 3 baths · 2,910 sqft sqft
The comfort of modern amenities wrapped in a rural country setting. This home satisfies the country and city in all of us! Located near Hwy 140 in Adairsville, GA with convenient access to Hwy 75. Over 2900 sqft 5 bedroom 3 bath home on acreage with a shop and a pool! Cathedral ceiling in the upstairs living room featuring a beautiful wood burning stove providing ambiance and warmth on those cold winter nights. From the living room, enter the upper deck overlooking the above ground pool and access to the rear yard fire pit area. Upstairs large kitchen with room for a dining table, buffet, and island workstation with a pass thru to the living room for entertaining. Recent newer stainless steel double-door refigerator w/ice maker, stainless steel dishwasher, and stainless steel sink. Upstairs master bedroom retreat with on-suite bath w/jetted soaking tub, separate shower, double vanities, and 2 walk-in closets. Two additional large bedrooms, hall bath, and laundry closet finish off the upstairs living area. Completely finished walk-out daylight basesment with 2 bedrooms, full bath, and a large flexible living space with separate exterior access to the lower deck in the rear yard. Oversized 2-car garage with additional storage space. Home has high-speed cable for all of your technology needs. Over 2 acres of outdoor space zoned A-1 Agricultural. Bring your critters! All outbuildings and animal pen stay with the property. Includes 2 sheds and a large 12 x 36 shop with a roll up door. Owner has cleared trees and stacked years of firewood. Log splitter negotiable. Cleared spaces for outdoor activities. Circle driveway and cleared parking pads for all of your toys. Private well and a propane tank for the stainless steel gas range in the kitchen. You will appreciate the 3 mini-split air conditioning units and the freshly serviced HVAC and that pool in the warm summer months! Available for showings starting September 16, 2024. Home shown by appointment only. Proof of funds or Lender Pre-Approval Letter required prior to showing. Buyer to perform their own due diligence on zoning, lot size, and permissible uses of the property.
Source: GAMLS #10370669
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10370669
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: #10370669
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.