1 of 37
$460,000

50 COOPERS GLEN DR SW, Mableton, GA 30126

4 beds · 2 baths · 3,200 sqft

YOU WILL NOT BELIEVE HOW BEAUTIFUL THIS HOME IS! PRICE HAS BEEN REDUCED BY ALMOST $100,000. MOTIVATED SELLER, NEW ROOF 2 NEW FURNACES, 2 NEW HVACS AND NEW WATER HEATER!!! YOUR DREAM HOME IS HERE YOU FOUND IT AND IT'S FULLY RENOVATED AND WE DID NOT FORGET ABOUT THE GARAGE! This Beautiful 4 bdrm 2.5 bath home is nestled in the prestigious Coopers Glen Subdivision where neighbors are more like family! Bring your pickiest Buyers to come view. This home will impress! It's as close to New Construction as you can get! New carpet with upgraded padding, new paint interior and exterior, new plush luxury vinyl plank flooring with under lament, a beautiful marble fireplace adorns the family room, Vivint Security System is completely paid for with cameras and remotes and will be left with the home, upgraded light fixtures, new fans, blinds, beautiful granite counter tops, all new Stainless Steel Appliances, recessed lights, newly paint in garage including the floor, planted new sod for beautiful landscaping and we removed trees to really showcase the home. There is more ! Everything in this home is large starting with an over sized Master Bedroom with a cozy sitting room, huge master bath with double vanity, stand alone walk In Shower and extended spa like jacuzzi tub. All the secondary bedrooms feel like junior suites and are uniquely connected to a bathroom for convenience and privacy. The main level, checks all of the boxes providing a formal living and dining room accented by a family room or should I say theatre room it's so large. (The Square Footage is incorrect with the county) If you need space for you and your growing family this is the right home for you. This home is located minutes from Interstate 285, convenient to shopping and the airport. Come call this home yours. The Mercedes Benz Stadium, State Farm Arena, Downtown, I-285, Silver Comet Trail, Heritage Park are all within a short drive. Don't miss this one! (This property is virtually staged).

Interest rate 3
3.62%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,364
With Roam
$1,821
Reduce your monthly payments by $456 when you assume this mortgage.
You also save $138,307 in total interest paid.

$189,180
Edit

You may be able to put down less than the total down payment amount of $189,180 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

Location

Details

Home
Size
3,200 sqft
Lot size
0.28 acres
Year built
2005
Type
Single Family Residence
Loan
Remaining term
25 years, 3 months
Rate
3.62%
Monthly P&I
$1,364
Remaining loan balance
$270,819

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.

View all FAQs
Last updated: Sep 18, 2024 12:02 pm
Listing agent: dana lyons (404) 552-3786
Listing provided courtesy of: Keller Williams Rlty. Buckhead (404) 604-3800
Details provided by GAMLS and may not match the public record.
MLS ID: #10284903
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2024 GAMLS. All rights reserved.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,364/mo
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