8154 Winewood Ct, Riverdale, GA 30274
3 beds · 2 baths · 1,280 sqft sqft
PRICE IMPROVEMENT AND MORE! Welcome to your ideal home in the sought-after Wexwood Subdivision in Riverdale, Georgia! This delightful 3-bedroom, 2-bathroom ranch-style home is nestled on a spacious corner lot, providing both privacy and ample outdoor space. As you enter, you'll be greeted by a roomy and welcoming living area, perfect for family gatherings and cozy nights by the elegant stone fireplace. The expansive kitchen is a culinary enthusiast's dream, featuring generous counter space, modern appliances, and extensive storage for all your cooking essentials. The master suite serves as a serene retreat, complete with a private bathroom, while the two additional bedrooms are generously sized and share a beautifully updated second bathroom. This home is ideal for families or anyone seeking single-level living with plenty of room to grow. Outside, the large yard offers endless possibilities for gardening, entertaining, or simply enjoying nature. The corner lot adds an extra layer of privacy and a unique sense of openness that's hard to find. Situated in the Wexwood Subdivision, this property is conveniently located near local schools, parks, shopping, and dining options, providing both convenience and a strong sense of community. Don't miss your chance to own this stunning ranch-style home. Schedule a viewing today and discover everything this exceptional property has to offer! Some images digitally enhanced to showcase the potential of the space.
Source: GAMLS #10353107
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10353107
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: #10353107