7445 Cordery Rd, Cumming, GA 30040
4 beds · 4 baths · 3,335 sqft sqft
WOW-WHAT AN AMAZING OPPORTUNITY TO BE IN THE SOUGHT AFTER LIVE-WORK-PLAY VICKERY COMMUNITY!! Beautiful Vickery home featuring 4 PORCHES to enjoy your outdoor living! Enjoy morning coffee or sunset views from one of 2 covered porches spanning across the front of the home, plus 2 covered porches on the back of the home! BETTER THAN NEW very popular Tidwell plan offers the perfect mix of functionality with designer aesthetics! SEVERAL FLEX SPACES! Open concept plan with the main floor featuring a chef’s modern kitchen, warm and comfortable family room w/ fireplace, wall of windows and a breakfast room, a formal dining room (often used as another living or sitting room) plus a study/office flex room w/ doors to provide additional privacy*First floor offers an enormous living room that may easily be converted to a 4th bedroom or an in-law suite or use as a media room/game room/playroom and features an en suite bathroom*Top level features a huge master suite w/ large walk-in closet & luxury master bathroom w/ a second closet, oversized shower and freestanding tub, plus 2 guests bedrooms & a bathroom and a spacious laundry room* Storage room in the attached 2 car garage*Private driveway offering enough space for 2 cars-long enough for a large pickup truck! Bright & open home w/ decorator colors throughout*You will love living in this beach house style home in the sought after Vickery community! This is an amazing price for this coveted live-work play community! Vickery Village, the elementary and middle schools are all within walking distance! Vickery is located in close proximity to hospitals & doctor’s offices, Halcyon, Avalon and The Collection for plenty of shopping and restaurant choices! Here’s your chance to live in this coveted community! Vickery has approx. 75 acres of green space featuring 6 tennis courts, pickleball courts, a community pool with cabanas, 2 ponds with fishing, walking trails throughout, playground, outdoor basketball court, fire pit for gatherings, open fields for community use, plenty of activities and events! Vickery Village offers various restaurants, shopping & is very active w/ farmer's market, movie nights, cornhole leagues, brew festivals and much more*Many residents golf cart around! Come live the Vickery Life!
Source: FMLS #7393616
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7393616
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 30-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: #7393616
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.