4204 Hardy Ave, Smyrna, GA 30082
4 beds · 5 baths · 3,639 sqft
** Back on the market, no fault to seller. ** Welcome home! This beauty, nestled in the sought-after, gated community of Woodbridge Crossing! This spacious residence boasts one of the largest and most desired floorplans in this community, featuring three levels, to include 4 BR and 4.5 BA. Step inside to discover the inviting partial open floor plan, adorned with hardwoods throughout the main level. The heart of the home is the well-appointed kitchen, complete with rich cabinetry, an oversized island, granite countertops, and stainless steel appliances. The kitchen seamlessly flows into the spacious family room, perfect for quality time with family, and entertaining. Upstairs, you will find new carpet throughout, an oversized owner's suite, with sitting area, and large dual closets. Tired from a long work day? Why not retreat to the balcony that extends from the owner's suite? Two of the secondary bedrooms share a Jack n Jill bathroom. The fourth bedroom is graciously sized, and features a full bathroom. Conveniently, also located upstairs, is the laundry room, ensuring ease and efficiency in daily chores. But, the true highlight of this home is the third level. This additional space adds versatility and functionality to the property, catering to a variety of lifestyle needs. This space is perfect for guests, or a teenager wanting their own space. It is also perfect to use as a flex space, office or playroom. Woodbridge Crossing offers a delightful gated community experience with amenities such as a covered bridge overlooking a creek, a kids' playground, sidewalks, and a saltwater pool with a clubhouse. Tucked away, yet conveniently close to the Silver Comet Trail. This location provides easy access to shopping, Smyrna Market Village, restaurants, midtown, the battery, and the airport. This wonderful home is ready to welcome you. A blank canvas, awaiting your special touch. Don't miss the opportunity to make it yours!
Source: GAMLS #10414350
Source: GAMLS #10414350
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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 “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.
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 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.