750 DALRYMPLE RD APT C1 # C1, Atlanta, GA 30328
Welcome to your SPACIOUS 3 Bedroom, 2 Bathroom, 1,812 sq ft condo, with a great OPEN FLOOR PLAN and located in a GATED COMMUNITY with a SWIMMING POOL in the Springside Park of Sandy Springs! This condo offers GENEROUS LIVING SPACE, and a community pool, 7 minutes from GA 400. The main area encompasses three distinct spaces: a FAMILY ROOM, a separate DINING AREA, plus a SITTING ROOM - all seamlessly connected with gleaming hardwood floors. LARGE KITCHEN features granite countertops, stainless steel appliances, including a Bosch dishwasher, as well as abundant cabinet space with a built-in drawer system in all lower cabinets. Private BALCONY, just off the kitchen, overlooks a wooded area and is a; the perfect spot for savoring your morning coffee. The oversized Owner's Bedroom features an ensuite bathroom, dual closets, and ample light streaming in through 3 windows. Ideal for families and young professionals. Additional features include plenty of closet space and an in-unit laundry closet. This condo is Investor-Friendly as well with 4 long-term rental permits available. HOA is $405 per month and includes WATER, exterior maintenance, termite bond, pest control, community gate, common areas, swimming pool, and trash. Roof is just 1.5 years old, Conveniently located near restaurants, shopping, and major thoroughfares such as GA 400 (7 mins), I-285, Perimeter Mall, hospitals, and 5 minutes to MARTA STATION with free parking. The condo building was functionally updated in 1995 (originally built in 1967).
You may be able to put down less than the total down payment amount of $86,315 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #7431210
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.