92 ALLEN RD, Atlanta, GA 30328
AVAILABLE FOR SHOWING BEGINNING SEPT 19th!!! Sophisticated comfort meets you at the front door in this exquisite 3-bedroom, 4.5-bathroom townhome with high-quality designer finishes throughout. It spans an impressive 3,200 square feet with 10' ceilings and an elevator that services all 4 floors. The spacious open floor plan with sweeping views of dining room & gourmet kitchen w/stunning quartz countertops and oversized island is perfect for entertaining friends and family! The main level also features an open family room with a custom-crafted gas fireplace and built in bookshelves, creating a warm and inviting atmosphere. The sunroom on main level opens to a lovely patio, perfect for home office or sitting area! Upstairs, you'll find the primary retreat, boasting a massive bathroom with double vanity, oversized shower, soaking tub, and large walk-in closet. It also includes the laundry room and 2nd bedroom w/ensuite guest bath, ensuring privacy and comfort for every family member or guest. The top floor boasts a large in-law or guest suite w/ensuite bathroom, den w/bar area & wine fridge, along with covered sky terrace that overlooks manicured grass, trees and creek. Features of this remarkable residence include gorgeous hardwood flooring throughout, remarkable crown molding, and plantation shutters throughout, an intercom system, and an amazing built in Bose stereo system with ceiling speakers throughout the house! Finished basement includes a complete entertainment suite featuring a home theater engineered for sound w/raised seating and full movie screen, and a 2-car garage. In addition to its tranquil setting, this home offers unparalleled convenience. You'll enjoy being just minutes away from exceptional restaurants, premier shopping destinations, Whole Foods, cinemas, and beautiful parks. A short one-mile walk will lead you to City Springs, the vibrant host of the Sandy Springs Farmer's Market, Grammy award-winning artists and entertainers, and a plethora of incredible events. Welcome to your idyllic retreat in the heart of Sandy Springs - a harmonious fusion of sophistication, comfort, and convenience.
You may be able to put down less than the total down payment amount of $338,502 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: #7449955
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.