4498 AVION PARK, Douglasville, GA 30135
Welcome home to this beautiful 5 bedroom 3.5 bath in the highly sought after Chapel Hill Golf Community! The property is on a cul-de-cas with view of the 11th teeing area. Enter into the impressive two-story foyer with hardwood floors throughout main level. Spacious formal dining has bay windows. Living room has gas start fireplace with vaulted ceilings. The kitchen features stainless steel appliances, ample cabinets, granite countertops and tiled backsplash. Breakfast area has access to raised deck that overlooks the fenced backyard. 1/2 bath, laundry room and garage access are located down hallway from kitchen. Main level primary suite has trey ceiling with ceiling fan. Primary ensuite bath features a soaking tub, separate renovated tile shower, water closet, double vanities and walk-in closet. The upper level has three spacious bedrooms and a full hall bath. Full finished basement features family/den with built in bookcases and a wet bar. The 5th bedroom was used as a theater room, additional flex space can be used as office or crafting space with large unfinished storage. Second flex space would be a great game room and has a full bath with shower and access to large screened patio. Beautifully landscaped lawn has pear trees, heavy producing peach tree, wine grapes and raised garden beds all these are some of the things you will be enjoy while living here and would be perfect for entertaining.
You may be able to put down less than the total down payment amount of $170,166 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: #7454245
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.