3762 WEDGEWOOD CHASE, Peachtree Corners, GA 30092
Drive up to this picturesque, 3 level, 3650 sf townhouse in the highly coveted, low fee and well managed HOA community in the heart of it all! A perfect blend of modern elegance and warmth, this renovated and well maintained home is easy living! Simply park in the two car garage and walk right in to main living SPACE! Stepping inside, you'll be greeted by beaming hardwood floors that lead you to the heart of the home—a cozy great room with an inviting fireplace and separate dining room, creating ideal spots for gatherings and relaxation. The beautiful kitchen, adorned with stunning silestone counter tops, recently tiled, and newer stainless steel appliances, offers both functionality and style. Sunlight bathes the main level living space throughout from the oversized bay window, offering an oasis of tranquility where you can soak in the beauty of every season and enjoy walking out the porch off of the great room and entertain seamlessly. Additionally, there's a generously sized bedroom on the main level for added convenience. While upstairs, you’ll find the generously sized primary bedroom suite, as well as a secondary primary suite, both with en suite full bathrooms! As you venture downstairs, the fabulous, newly renovated, finished terrace level awaits, boasting versatile spaces that can transform into whatever your vision is! This townhouse is the epitome of a perfect location and close to it all, the Forum, shopping, dining, entertainment, PTC Town Center....not to mention the new Intuitive Surgical Headquarters!
You may be able to put down less than the total down payment amount of $232,073 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #7344731