853 Belfry Ter, Fairburn, GA 30213
4 beds · 4 baths · 1,685 sqft sqft
Welcome to this stunning move-in ready townhome. Built in 2021 and located in the desirable South Wind Community, this townhome offers a perfect blend of elegance, functionality, and modern comforts. It boasts 4 bedrooms, 3.5 bathrooms and almost 1700 square feet spread out over 3 levels. The lower level has one bedroom and a full bathroom. As you walk upstairs to the main level you'll be greeted by the large living room with plenty of natural light which makes the area even more welcoming. Next is the kitchen that's a culinary dream which includes granite countertops, a large kitchen island that can double as a breakfast bar/eat-in-kitchen, gorgeous stainless steel appliances, electric oven and a walk in pantry. This kitchen is perfect for cooking elaborate dinners or casual meals. Whether you're having a party, cooking, or hanging out with friends in the living room you'll always feel like you're a part of the conversation thanks to the open layout. Off the kitchen is the private deck that could be great for entertaining or relaxing after a long day. As you make your way to the 3rd floor you'll find the primary suite which is a true gem. With tons of natural light, tray ceilings, a private en suite bathroom with a double vanity and a nice sized shower it will be hard to not make this part of the home your oasis. There are also two nice sized bedrooms upstairs with ample closet space in addition to a second full bathroom perfect for sharing with granite countertops and a shower/tub combo. This home is located close to grocery stores, shops, highways, schools, is 20 minutes from Serenbe and less than 15 minutes from the airport. You don't want to miss an opportunity to make 853 Belfry Terrace yours.
Source: GAMLS #10389657
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10389657
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: #10389657
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.