52 Lamsden Ln NW, Atlanta, GA 30327
2 beds · 2 baths · 1,163 sqft
HOLIDAY SPECIAL - $2000 TOWARDS CLOSING COSTS, PRE-PAID HOA FEES OR OTHER WITH ACCEPTED OFFER BY TUESDAY, DECEMBER 17TH, 2024. Totally renovated and move in ready in prime location in the neighborhood. Closer to front entrance and all amenities. This updated home has BRAND NEW flooring, paint, light fixtures and fans throughout. TOTALLY RENOVATED kitchen with all new stainless appliances, farmhouse sink, cabinets, countertops and backsplash. TOTALLY RENOVATED bathrooms with new vanities, flooring, sinks, lights, tubs, toilets. Such a spacious home with extra large living room, large dining area, huge light filled sunroom that's ideal for an office, workout space or more. Good sized bedrooms with an ideal roomate setup as well. Plus so many additional storage closets in the home. Very quiet and tucked back. HOA covers SO MUCH water, sewage, termite bond, maintenance exterior & grounds, exterior lighting, trash pick up, pool, tennis and more! Cross Creek is a gated, golf course neighborhood located in the residential side of Buckhead, tucked in between millon dollar homes. The neighborhood includes so many amenities: 18-hole, par-3 executive golf course with pro shop, 3 swimming pools with adjacent clubhouses, 4 recently resurfaced tennis and pickle ball courts, a full gym, cafe & bar that offers take-away food, 12 EV charging stations throughout. To play 18 holes during the week is only $10 and $15 on the weekend. 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. Such an ideal location as well very close to 75, 285, Midtown, Vinings and Buckhead entertainment and business districts, The Upper Westside and Westside Provisions, plus only 15 minute drive to the airport. Rental opportunities available as well. Don't miss out on this one! FHA approved
Source: GAMLS #10407271
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10407271
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.
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: #10407271
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.