6832 Creekwood Dr, Douglasville, GA 30135
6 beds · 3 baths · 3,501 sqft
Who needs not one, but two separate living quarters? This amazing home sitting on just over 1 acre is so unique! Not only are the main and upper levels full of charm, but the basement is a totally separate living area perfect for an in-law/teen suite or giving certain family members their own space. Finished out complete with its own kitchen, living area, 2 bedrooms, 2 storage rooms, and a full bathroom, the basement offers several opportunities ranging from income-generation via renting (AirBnB, etc) to housing a second family all under 1 roof, but still private. Need to work from home in the peace and quiet, or got someone who plays or records music? If so, you'll love having the soundproofed recording studio room in the basement- be on meetings all day or play drums as loud as you want and not bother (or be bothered by) anyone thanks to the isolated room-within-a-room construction. Entering the home from the front, you will instantly notice how well the floor plan functions. A large living room and dining room overlook the front yard and connect around to the kitchen and breakfast area overlooking the large, fenced-in back yard and back deck. Off of the kitchen is the very inviting family room, nestled around a cozy fireplace with a warm ambiance. The master suite is on the main level and includes a separate standup shower and whirlpool soaking tub. Upstairs you will find 2 spacious rooms that share a full bath in the hallway, outfitted with double vanities. The whole property is full of unique garden varieties that bloom and look gorgeous each spring season. The back yard has blueberry bushes that yield fruit- perfect for summer snacks, home made pies, muffins, and much more. Kitchen appliances and laundry machines from BOTH the upper and lower living areas will stay with the home- talk about move-in ready! Only minutes from shopping, restaurants, and entertainment, you'll never be far from anything you need. Come see this home for yourself and fall in love with everything it has to offer!
Source: GAMLS #10374582
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10374582
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: #10374582
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.