4139 Torver Ln, Atlanta, GA 30341
3 beds · 4 baths · 2,500 sqft
Welcome to your dream home in the PRIME LOCATION of charming City of Chamblee with tons of trendy restaurants, bookstores, wineshops , exiting events hosted by City Hall that brings the community together! This bright and spacious three-level townhome offers an exceptional blend of modern design and convenient living. Convenient access to major highways I-285, with quick connections to I-85 and GA-400, simplifying your commute. You are just a short drive from the bustling areas of Chamblee Downtown, Brookhaven, Dunwoody, Buckhead, and Perimeter Mall. Nearby Northside Hospital Atlanta offers peace of mind for your healthcare needs. Only few minutes away from the renowned Brook Run Park, featuring a large playground, a two-mile loop multi-use trail, skate park, dog park, community garden, and multi-use and baseball fields. The main level features an open-concept layout, perfect for entertaining, with abundant natural light streaming through west-facing windows, highlighting the soaring ceilings and creating a warm, inviting atmosphere. The gourmet kitchen is equipped with stainless steel appliances and ample counter space, making it a chef’s delight. Step out onto the deck to enjoy serene views of the backyard, ideal for morning coffee or evening relaxation. The upper level boasts a luxurious master suite with a walk-in closet and an en-suite bathroom, providing a private retreat. Two additional well-appointed bedrooms offer comfort and flexibility and privacy for family or guests. The ground level presents a versatile bonus room and a full bathroom, customizable to suit your needs—whether as a home office, exercise room, playroom, or could be easily enclosed to an additional bedroom for guests. A two-car garage accompanied by a spacious driveway ensures plenty of parking space for residents and guests. Perfect position of this home features beautiful views of both the sunrise and the sunset. VETERANS SPECIAL! This property comes with an assumable VA loan at a favorable interest rate of 5.25%. Eligible buyers can take advantage of this lower-rate loan opportunity, with any monetary differences manageable through cash, a second mortgage, or a supplemental loan. Assuming a VA loan can offer significant savings compared to current market rates. Nestled in a tranquil neighborhood, this home provides a peaceful living environment. Experience the perfect blend of luxury, convenience, and community in Chamblee with making this exceptional home your own! SELLERS ARE OPEN TO OFFER CLOSING COSTS CONCESSION!
Source: FMLS #7518575
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Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Rates and payments are estimates based on public records.
Source: Public records
Source: FMLS #7518575
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.