57 GLENN EAGLES WAY, Hiram, GA 30141
Welcome Home to your charming retreat! You will immediately feel right at home as you step onto the expansive front porch of this traditional home where you can sip your coffee or tea in the morning sunlight! Upon entry into the home, you are greeted into the beautiful, sun-filled 2-story foyer - great for those that love house plants/flowers or those that just like a dedicated space to drop off your keys and shoes. Discover your spacious, 2,160+ sq. ft., 3 bedrooms, 2 1/2 bathroom, haven boasting a bright and airy open concept living room and kitchen, perfect for entertaining or cozy nights in. The open kitchen features a multitude of spaces for preparing your favorite meals, offering newer white cabinetry with hard-wired under-cabinet lighting, solid granite countertops, plenty of storage, a pantry, and a delightful eat-in area at the island and/or at your own separate table in the breakfast nook. The main floor also includes the half-bath, separate dining room (that seats many) and a multi-functional room (office, sitting room, playroom, or whatever your heart desires!). The entire main floor boasts beautiful, real oak hard-wood flooring throughout the main floor and the second floor features plush, newer carpet and tiled bathrooms (all flooring only approx. 3 yrs old). Retreat to the main bedroom with its own ensuite bathroom with double vanities and a separate soaking tub and shower, while two additional bedrooms share a generously sized bathroom. Enjoy the convenience of having your laundry room (with multi-shelf storage) on the same floor as your bedrooms - ultimately making your laundry tasks a breeze! And, you'll enjoy the convenience of large closets throughout including a linen closet in the guest bathroom and hallway near the main bedroom. Downstairs from the main level, the partial basement awaits your personal touch, with a bathroom stubbed for easy finishing along with potential for a future bedroom, craft room, or workshop and another multi-functional room (ideas are endless...potentially a living/sitting room or game room) that adjoins that space. With a 2-car garage and additional storage areas, organization is effortless. New Roof (only approx. 2 years old). You'll also love the large front yard with seasonal blooms including hydrangeas, camelias, azaleas, and a small red maple tree - as well as the back deck for grilling and spacious back yard on this approx. .46+ acre lot in the lovely Golf/Swim Community of Creekside! This home offers the perfect blend of comfort, functionality, and classic charm to welcome you home daily!
You may be able to put down less than the total down payment amount of $155,439 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: #7361142