5882 Seabright Ln, Atlanta, GA 30349
4 beds · 2 baths · 2,084 sqft
Welcome to your next home. This beautifully maintained home offers the perfect blend of modern elegance and comfortable living. Step inside to discover a spacious, open floor plan with abundant natural light and high ceilings. The gourmet kitchen features sleek countertops, stainless steel appliances, and ample cabinetry. The adjacent living and dining areas are perfect for hosting gatherings or relaxing with family. The master suite is a true retreat, boasting a generous layout, a walk-in closet, and a luxurious en-suite bathroom with a soaking tub and separate shower. Additional bedrooms are equally spacious and well-appointed, offering flexibility for a home office, guest rooms, or personal retreats. Outside, the property offers a beautifully landscaped yard with a private, fenced-in backyard-perfect for outdoor activities, barbecues, or simply enjoying the serene surroundings. The attached two-car garage provides convenience and additional storage space. The property is just minutes away from local parks, shopping, and dining options. With its combination of modern amenities and charming neighborhood appeal, this home is a true gem in Atlanta's thriving real estate market. Don't miss your opportunity to make this exquisite property your new home! Showings Start 9/16/2024
Source: GAMLS #10359148
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10359148
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: #10359148
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.