409 Katherine Ln, Woodstock, GA 30189
3 beds · 2 baths · 2,064 sqft
Charming Ranch with Finished Basement and Prime Location in Kingridge North! Welcome to 409 Katherine Lane, a meticulously maintained 3-bedroom, 2-bathroom home that offers the perfect blend of comfort, style, and convenience. Nestled in the desirable Kingridge North neighborhood, this property boasts an unbeatable location just minutes from all that Woodstock has to offer. Key Features: - Unbeatable Location: This home is a mere 5-minute drive to vibrant downtown Woodstock, where you can enjoy an array of shops, restaurants, and entertainment options. Additionally, it's just around the corner from an abundance of stores, dining, and conveniences, making everyday errands and leisure outings effortless. - Gourmet Kitchen: The heart of this home has been lovingly updated with granite countertops, modern stainless steel appliances, and ample custom cabinetry - ideal for preparing meals or entertaining guests. - Elegant Hardwood Floors: The stunning hardwood floors throughout the main living spaces exude warmth and charm, creating a timeless aesthetic. - Finished Basement: The fully finished basement adds valuable living space, perfect for a media room, home office, gym, or guest suite - offering endless possibilities. - Fenced Backyard: Enjoy outdoor living in the private, fenced backyard, perfect for pets, gatherings, or unwinding in peace. - Inviting Living Areas: The open-concept design includes a cozy fireplace and an abundance of natural light, making it the perfect space for both relaxing and hosting guests. Why You'll Love This Home: - Meticulously cared for by its current owners, this home is in move-in ready condition. - Conveniently located near top-rated schools and major highways for easy commuting. - Situated in the peaceful and friendly Kingridge North neighborhood, providing a serene retreat while being close to all the action. If you've been searching for a home that combines modern living with an unparalleled location, look no further. 409 Katherine Lane is your perfect match! Don't miss your chance to own this gem - schedule your private tour today! Private tours to begin Monday January 13th.
Source: FMLS #7508198
Learn about how it works
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
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7508198
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.