610 Ravenwood Dr, Woodstock, GA 30188
6 beds · 4 baths · 3,300 sqft sqft
COMPLETELY Renovated, Remodeled, and Expanded! 3300 SF! Less than .5 miles from Downtown Woodstock! No HOA! Apartment/Inlaw suite with separate entrance! You will not want to miss this opportunity to essentially have a new construction home! No detail was missed, beginning with two landscaped lit driveways, one to the covered front porch or side porch to walkin pantry for the kitchen WITH 10' Quartz Island, and one to the lower apartment entrance and large area in the back yard to park your vehicles, trailors, RV etc. and 3 bay 24x40x12 metal garage! Hardwood floors throughout this 6 bed 4 bath home with upgraded fixture and lighting. Be sure to check out the virtual tour to guide you through this amazing home, including the Owners Suite bedroom addition with sitting room, electric fireplace and master bathroom with a dedicated walk-in closet with sitting area. The chef kitchen has tons of counter and prep space on the island, 8 burner gas stove and double oven, space for two full refrigerators and 60" soft close cabinets! The open concept allows for dining for large families, and flows into the office and the family room large enough for everyone to watch the big game. Covered front porch! Covered Back Deck! Side stairs from pantry lead to an outdoor seating area. The split bedroom plan also has 3 bedrooms with lots of natural light, one of which is the second owner's suite and bathroom. The basement could be used as a gym or hobby room. The Apartment has 2 bedrooms a living room and a kitchen! This is a MUST-SEE home! Systems include New HVAC, new Septic for 6 bedrooms, new 50G water heater! If you are looking to be closer to downtown Woodstock, need amenities that allow you to park all of your vehicles without an HOA and offers plenty of space for large or multigenerational families, call your Full Time Broker/Agent today for a tour!
Source: GAMLS #10337641
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10337641
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: #10337641
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.