4151 GLEN VISTA CT, Duluth, GA 30097
Seller Offering 1-Year Whole Home Warranty from Cinch Home Services! Enjoy peace of mind in your new home with this fantastic offer. Welcome to 4151 Glen Vista Court, a beautiful three-story home nestled in a quiet cul-de-sac in Duluth, Georgia! This home offers spacious living with a full finished basement and numerous modern updates, making it the perfect blend of comfort and convenience. The main level features a bright and open layout with a master suite that provides ultimate convenience and privacy. The kitchen, updated in 2016, boasts a large center island, additional cabinetry, and modern amenities- perfect for cooking and entertaining. Step out onto the newly refreshed back deck with new railings and wood planks, where you can relax or host gatherings. The finished basement offers incredible versatility, complete with a bedroom, a full bathroom, a media room, and it's already plumbed and wired for a wet bar with lights. This space is perfect for entertaining or accommodating guests! This home has been meticulously maintained and thoughtfully updated. Key updates include a new roof in 2017, two exterior HVAC units replaced in 2021, and a third in 2023. Two heating units also had their coils replaced in 2021. The interior was freshly painted, floors refinished, and most carpeting replaced with beautiful hardwood in May 2023. The water heater was replaced in 2023, and the front porch trim was recently painted. Conveniently located near the Chattahoochee River, shopping, parks, and an array of restaurants, this home offers easy access to everything you need. Two refrigerators- one in the kitchen and one in the garage- are included, adding to the move-in readiness of this home. Don't miss this opportunity to own a fantastic home in a desirable cul-de-sac location in Duluth with the added bonus of a 1-year home warranty to protect your investment!
You may be able to put down less than the total down payment amount of $319,274 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: #10376960