Limited time: Pay only $1,000 to assume a low rate mortgage when you sign a purchase contract between 12/11/24 and 1/10/25 *
1 of 63
$750,000

Huiet Dr, Fayetteville, GA 30215

4 beds · 4 baths · 3,716 sqft

Welcome to Canoe Club, where luxury meets tranquility! Presenting the Riverwalk Plan, an almost new construction that seamlessly blends elegance and comfort on a peaceful wooded acre lot. This exquisitely designed home features 4 spacious bedrooms and 3 baths on the main level, with versatile flex and bonus rooms upstairs and an additional full bath-perfect for a 5th bedroom or teen/in-law space. The home also includes a 3-car garage with ample storage space. Step inside to experience the beauty of Revwood laminate flooring throughout, offering durability and sophistication. The gourmet kitchen is a chef's dream, featuring sleek quartz countertops, double ovens, and bright white cabinetry surrounding an oversized wood-stained island, ideal for entertaining and casual family gatherings. The kitchen flows effortlessly into the expansive family room, complete with a stunning stone fireplace and custom built-ins, adding warmth and character. The primary bedroom is a true owner's retreat, boasting a sprawling, sunlit sanctuary. Its spa-like ensuite bathroom is complete with elegant finishes, a soaking tub, a luxurious shower, and dual vanities, creating a haven for relaxation. The enormous walk-in closet offers abundant storage and organizational options, perfect for a wardrobe of any size. Two secondary bedrooms share a convenient Jack and Jill bathroom, ideal for family use, while an additional secondary bedroom offers a private bath, making it a perfect guest suite for visitors. Outside, the large covered back porch is the perfect space to enjoy the tranquil surroundings and your private, wooded backyard. Canoe Club offers an unparalleled lifestyle with resort-style amenities including access to two lakes for fishing, kayaking, and canoeing, tennis courts, pool and 24-hour fitness center. Located just a mile from Piedmont-Fayette Hospital, minutes away from Trillith Studios and the future home of the US Men's and Women's soccer team facilities. Less than 10 minutes to Peachtree City, shopping and grocery stores. 35 minutes away from the Hartsfield-Jackson Atlanta International Airport. This home offers the perfect combination of luxury and convenience. Don't miss your chance to own this stunning almost new construction in the highly desirable Canoe Club community!

Estimated
Seller's interest rate
4%
7%
Estimated
Principal & interest
$3,245/mo.
$4,491
You may also save up to $434,902 in total interest paid.
Listing price
$750,000

Your cash down payment
$81,116
Seller’s estimated current equity is $81,116
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with a 2nd mortgage.
Estimated $3,245 monthly payment

Financed
$668,883
Assumed mortgage 4% • Seller's rate
$668,883
2nd mortgage 9.25% • No prepay penalty
$0

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Size
3,716 sqft
Lot size
1 acres
Year built
2023
Type
Single Family Residence

Source: GAMLS #10394605

Loan
Remaining term
29 years, 1 month
Rate
4%
Monthly P&I
$3,245
Remaining loan balance
$668,883

Source: Public records

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?

expand content

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?

expand content

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?

expand content

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?

expand content

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?

expand content

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.

View all FAQs
Last updated: Oct 30, 2024 06:06 pm
Listing agent: Tami Willard (770) 235-6476
Listing provided courtesy of: Keller Williams Realty Atl. Partners (770) 632-1112
Details provided by GAMLS and may not match the public record.
MLS ID: #10394605
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2024 GAMLS. All rights reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$3,245/mo
View details