587 Jody Pl
Lilburn, GA 30047
3 beds · 3 baths · 1,944 sqft
$394,800
Get prequalifiedAbout this home
Step inside this charming 3-Bedroom 2.5 Bath well maintained Townhome. This lovely home offers the perfect combination of convenience, style and low maintenance. NEW HVAC. You'll be greeted by a spacious and inviting living area with NEW luxury flooring, ideal for both family gatherings and quiet relaxation. The kitchen features modern appliances, stone countertops, ample cabinet space, a cozy breakfast bar for casual dining and a view to the great room. Plenty of windows bring in light and back yard views. The hardwood staircase leads up to a family room with hardwood flooring providing plenty of space for family, guests, or a home office. The generous primary suite includes an en-suite bathroom with a soaking tub, separate shower, and a large walk-in closet for added storage. Two additional bedrooms share a full bath and laundry room is upstairs. Enjoy the private, partially fenced-in backyard - perfect for outdoor entertaining, gardening, or simply unwinding after a busy day. The patio area offers the ideal spot for a grill or a fire pit, making it an excellent space for year-round enjoyment. Kitchen is level with parking. No Yard work necessary, Gutter Guards, Roof and Exterior Paint all handled by HOA. Other highlights include a two-car garage just 3 miles from I-85. Easy access to local amenities, schools, private schools including GAC and Providence.
Source: GAMLS #10412804
Neighborhood
FAQs
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.