60 Timber Dr, Forsyth, GA 31029
5 beds · 4 baths · 3,341 sqft
A True Showstopper! This exquisite 5-bedroom, 4-bathroom home is a masterpiece of design and craftsmanship, with no detail overlooked. Upon entry, you'll be greeted by a striking foyer featuring a brick accent wall and soaring high ceilings, setting the tone for the entire home. The elegant dining room, with its exposed beams, offers a perfect space for entertaining. The flexible office area, currently used as a home gym, provides versatility for any lifestyle. At the heart of the home, the chef's kitchen will impress with double ovens, granite countertops, a stylish tile backsplash, and a spacious walk-in pantry-ideal for both cooking and storage. The expansive great room features a coffered ceiling and a stunning stone wood-burning fireplace, creating a warm and inviting atmosphere. A guest bedroom and full bath on the main level offer comfort and privacy for visitors. Upstairs, the spacious master suite is a true retreat, complete with a cozy sitting area and a spa-inspired bath featuring a vanity area, soaking tub, and separate shower. Three additional generously-sized bedrooms, all with ample closet space, ensure plenty of room for family or guests. Exquisite trim work, upgraded light fixtures, and designer touches can be found throughout the home, making each space feel thoughtfully curated. Enjoy outdoor living year-round with a covered patio, and take advantage of the large, level backyard complete with raised garden beds. The two-car garage is equipped with an epoxy-coated floor and built-in shelving for added storage. Located in a sought-after community that offers a pool, clubhouse, tennis courts, sidewalks, and street lights, this home truly has it all!
Source: GAMLS #10408107
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10408107
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: #10408107
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.