6255 James Rd, Austell, GA 30168
5 beds · 3 baths · 1,807 sqft
Come and get your little slice of paradise with this upgraded ranch on private acreage. New concrete steps with motion lighting lead up to the front steps. Enjoy your morning coffee on the covered front porch or savor nature on the large back deck. Enter into the open concept family room adjoining the dining area. The buckstove with stone backdrop will keep things cozy in your entire main level. Kitchen with white cabinets, updated counters, and new fixtures - all appliances stay, except the microwave. New flooring/carpet and paint throughout, including the primary with upgraded ensuite, and two guest BR's and updated guest bath. Centrally-located laundry closet in the hall offers convenience access for all. The terrace level boasts two additional BR's and a full bath with walk-in shower. The one-car garage in the main house has plenty of storage or room for an office or workout area. New water heater in 2022, and brand new AC unit in 2024. The driveway winds around the home for easy access and leads to a huge two+-car garage with it's own AC unit, a spacious workshop area, and covered space in the back of the building. This property offers privacy, yet it is convenient to highways, restaurants, and shopping. Please be understanding of the RV and PODS unit in front of the home - they will be moved prior to closing.
Source: FMLS #7486556
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7486556
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: #7486556
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.