9250 Nesbit Lakes Dr, Alpharetta, GA 30022
7 beds · 5 baths · 4,909 sqft
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WOW! This is the one you’ve been waiting for! You will love this pristine 7 bedroom, 5 bathroom, 3-sided brick traditional home with a professionally landscaped backyard swimming pool oasis, magazine-worthy kitchen, guest bedroom on main level, full finished terrace level and more, all nestled in the highly sought-after Alpharetta swim/tennis community of Nesbit Lakes! An inviting brick-paved patio welcomes you as you approach the front entry, leading you into the bright two-story foyer! The main living level includes a formal living room, formal dining room, guest bedroom, full bathroom, light-filled two-story fireside family room, and the stunning designer kitchen complete with quartz countertops, large island, premium stainless appliances including a French door double oven, and adjacent breakfast area overlooking the gorgeous backyard and pool! Upstairs, you’ll find three sizable guest bedrooms— one with an ensuite bath, two sharing an additional guest bath, and finally, the oversized primary bedroom retreat with fireside sitting area, renovated spa-like ensuite bath with heated floors, dual vanities, large walk-in shower and separate soaking tub, custom shoe closet, and large custom walk-in closet! The full, finished walkout daylight terrace level boasts two guest bedrooms- one with custom built-in bunk beds, a full guest bathroom with heated floors, multi-purpose/game room and custom stadium-style home theater room with cozy electric fireplace feature, convenient rear bar-height seating, in-floor subwoofer for full immersive entertainment experience, and adjacent bar area! Terrace level also offers lots of extra unfinished storage space! This home provides plenty of opportunity for outdoor entertaining and activities with a large deck on the main level, full terrace level patio below with hot tub, and the sparkling, heated swimming pool with natural waterslide feature as the centerpiece of this multi-tiered, beautifully-landscaped backyard! Newer systems, newer roof, new Pella windows! Conveniently located within walking distance to top-rated private and public schools and offering easy access to GA 400, Historic Roswell, Downtown Alpharetta, Country Club of Roswell, and Avalon, this property is perfectly situated for you to enjoy the best of what the area has to offer!
Source: FMLS #7556312
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7556312
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.