4713 Electric Ave SW, Mableton, GA 30126
3 beds · 2 baths · 1,836 sqft
This like-new Energy Efficient Townhome comes with a $10,000 CLOSING COST INCENTIVE with the preferred lender! Looking for a newer Townhome? Look no further! THIS IS THE ONE! This charming 3-bedroom, 2.5-bath home is located in Cobb County Mableton, Georgia. It has an inviting open concept featuring a living room, dining area, gourmet style kitchen with granite, modern backsplash, a complete Whirlpool stainless steel appliance set including the refrigerator, and luxury vinyl floors throughout the main level. Meticulously cared for by its original owners, this home is move-in-ready and comes with a washer and dryer. An added bonus is the tankless hot water heater, upgraded HVAC system with air purifier and humidity control which is serviced twice a year for year-round comfort and the sale includes a 50-inch and 75-inch mounted flat-screen TV. Upstairs features a nice spacious loft, a generous owners suite with a walk-in closet, and a luxurious tiled bathroom with an enclosed toilet area and dual sinks. The secondary bedrooms are perfect for guests, kids, roommates, an at home office, playroom, or man cave. Step outside to the concrete patio, overlooking a nice backyard, perfect for outdoor relaxation. Enjoy having dinner in the dining area while feeling the breeze through the newly installed patio screened door. This neighborhood is quiet and peaceful, with community amenities that include a pool, clubhouse, pond, dog park, sidewalks, streetlights, playground, and ample guest parking. The HOA ensures it is well-maintained. Conveniently located near gas stations, shopping, parks, schools, the Silver Comet Trail, I-285, East-West connector, restaurants, and transportation, this townhome offers a peaceful suburban environment with a touch of city living. New homes are selling for $400,000 to $480,000 in the same community. This home is priced under its competition. To top it off, this home includes a 1-year Choice Home Warranty. Do not miss your opportunity to call 4713 Electric Ave. Mableton, Georgia “Your HOME!”
Source: FMLS #7438886
Source: FMLS #7438886
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
MLS ID: #7438886
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.