7302 Cherokee Ct, Riverdale, GA 30296
4 beds · 3 baths · 2,525 sqft sqft
Welcome to your dream home! This stunning 4-sided brick home with 4 bedroom, 3-bathroom house is nestled in a peaceful cul-de-sac within an established neighborhood, offering both tranquility and convenience. Exterior: As you approach the property, you'll be greeted by a spacious front yard with two entrance columns that invites you in with beautiful landscaping and mature trees nearby. The expansive backyard is fully fenced for privacy and security, making it the perfect oasis for families, pets, or outdoor gatherings. An oversized deck provides ample space for entertaining, complete with a thoughtfully designed 2020 patio that offers a wonderful spot for barbecues, outdoor dining, or simply soaking in the sun. Interior: Upon entering the home, you'll be greeted by a beautiful staircase in the foyer. To your right, the oversized living room, carpeted for comfort, adds elegance and warmth to the space. To your left, the dining room and kitchen await, designed for the chef in mind, featuring stunning granite countertops, modern appliances, and plenty of cabinet space for storage. The open floor plan ensures that you can easily engage with guests in the dining area while enjoying family time as you prepare meals. Bedrooms: This home features four spacious bedrooms, including a main-level bedroom designed for accessibility for the grandparents, complete with a walk-in shower suitable for handicap access. Upstairs, you'll find two additional bedrooms and a master suite that serves as a private retreat. The master bedroom includes an en-suite bathroom for both comfort and convenience. The additional bedrooms are generously sized, perfect for family or guests, and the upstairs landing can easily be transformed into an office space. Location: Conveniently located just minutes from Hartsfield-Jackson Atlanta International Airport, this home is perfect for frequent travelers or those who enjoy easy access to the city. Nearby grocery stores and shopping centers cater to all your daily needs, making errands a breeze. If you're in search of an investment property, you've discovered the ideal location for Airbnb, Booking dot com, or corporate rentals. This home has successfully operated as a corporate rental, generating rewarding income. If you intend to use this property as your investment home, it can be sold fully furnished. In summary, this beautiful home combines modern amenities with classic charm, all within a serene setting. With its expansive outdoor spaces, elegant interior design, and prime location, it's an ideal choice for anyone looking to settle in a welcoming community. Don't miss the chance to make this your new home!
Source: GAMLS #10386265
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10386265
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #10386265