49 LA RUE PL NW, Atlanta, GA 30327
One of the best renovations in Cross Creek and truly ready to move into with zero work to do! Walk-in level with 2 steps to the front door. Engineered hardwoods throughout the home, The HVAC and water heater are both 6-months old, renovated kitchen and bathrooms, fireplace, crown molding, faux wood blinds, neutral paint selection, smooth ceilings and the sunroom features with real windows and an additional ac unit make this room usable year-round. The eat-in kitchen features marble countertops, new white shaker cabinetry, and a stainless appliance suite. There is a pass-through connecting the bright sunroom which can be used in a variety of ways: a second den, comfortable home office, spacious playroom, home gym or artists studio. The living room has new built-in bookcases, a usable wood-burning fireplace, recessed lighting and beautiful engineered hardwood floors that are durable and in pristine condition. The primary suite has a large closet, ceiling fan and renovated bathroom with a walk-in shower with glass door. The guest suite has an ample closet and utilizes the hall bath with new vanity with granite countertop, new tub & lighting. Location, location, location can’t be beat with 15 minute drive to the airport, close proximity to Buckhead, Vinings, mid & downtown and all major expressways: 75, 85, 285 & GA400, The Upper Westside and Westside Provisions. 12 EV charging stations throughout. Did you know that there are 2 miles of road in Cross Creek for safe walking excursions? Cross Creek is truly the "hidden gem" of Atlanta on a sprawling 110+acres with a creek running on one side, ponds on the golf course and the designation of being a certified wildlife area with a family of Blue Heron, turtles, owls, fox, geese, mallards and hundreds of other species. Mature landscaping and a canopy of trees create a very special neighborhood protected by gated entry and a real person at the gate 24-hours a day. Cross Creek is in the award-winning Morris Brandon elementary school district. Condo fee includes: water & trash, roof, exterior maintenance, landscaping, pools (3,) tennis & pickle ball courts (4) and the 24-hour manned security gate.
You may be able to put down less than the total down payment amount of $66,346 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: #7443651
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.