502 Huntgate Rd, Woodstock, GA 30189
4 beds · 2 baths · 1,958 sqft sqft
Welcome to 502 Huntgate, nestled at the top of the cul de sac. This move in ready home hosts a world of possibilities. Upon entering you'll be greeted by an open floor plan with sprawling hardwood floors. Immediately to your left is a wonderful flex space. It has functioned as a formal dining room, office and gym. This space flows into the living room with a gorgeous stacked stone fireplace, that is overlooked by the beautifully upgraded kitchen. The kitchen boasts black cabinets, with stunning black and white granite countertops complete with breakfast bar for four. It also features stainless steel appliances, soft close drawers with ample storage space, with a huge wrap around pantry. Your kitchen views are of the living room or through the eat in area, into the backyard with screened in porch. On either side of the patio you will find raised garden beds ready for planting, or your screened in porch ready for relaxing. The fenced yard features partly wooded private portion, as well as a stone path that will lead you to a grassy play area. Back inside follow the wrought iron staircase to the second level. Here you will find a lovely master suite, with a spacious bath that includes his and her full size vanities separated by a large corner garden tub. The extra large shower includes two shower heads, toiletry storage and seating area. Down the hall you will find two spacious secondary bedrooms, and a third large bonus room. This room is another amazing flex space this home offers. It has been an office, gym, photography studio, nursery and guest room. The home also offers many extra storage spaces. In addition to the pantry that wraps under the stairs, you have two closets and two dormer spaces for easy access to your extras. Wyngate features 2 pools, multiple tennis courts, a playground, basketball courts and beautiful scenery. Join the swim team for some extra family and community fun.
Source: GAMLS #10386154
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10386154
Source: Public records
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.
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: #10386154