100 Lands Ct NE, Milledgeville, GA 31061
3 beds · 3 baths · 2,400 sqft sqft
BEAUTIFUL Lake Sinclair Home on a deeded lot with GREAT water depth, GREAT views and GREAT lot! This home sits on a large, 1.29 acre lot that is super level, has a two car garage with a workshop and attic access. The home has 3 bedrooms, 3 bathrooms - 2 beds, 2 baths on the main (including the master ensuite). The kitchen, dining area and living area have vaulted ceilings, huge windows overlooking the lake and is an open concept, perfect for entertaining. A large sunroom is on the lakeside overlooking the water - this has an abundance of windows, vaulted ceilings with tongue and groove wood and plenty of space for lounging around after a day on the lake! The main bedroom is oversize with a HUGE closet and HUGE bathroom. Upstairs, there is a bedroom and bathroom and landing/loft that would be perfect for an office or extra sleeping room. Outside, there is a double stall boathouse, a sandy beach area, and 7-8 feet of water at the end of the dock. THIS IS IT! The perfect house, 15 minutes from downtown Milledgeville and at a great price. Call today and let's get you SOLD on Sinclair!
Source: GAMLS #10410367
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10410367
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: #10410367
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