1058 David Mullis Rd, Rentz, GA 31075
4 beds · 2 baths · 3,140 sqft sqft
Welcome to rustic living at its finest! Nestled on over 3 acres of serene land, this spacious home offers approximately 3,000 square feet of comfortable living space. This home combines the peacefulness of rural life with modern conveniences, making it the perfect retreat for families or anyone seeking wide-open spaces. The expansive open living room is the heart of this home, offering plenty of space for entertaining, family gatherings, or simply relaxing. Natural light fills the room, creating a bright and inviting atmosphere. With 4 generously sized bedrooms, thereCOs plenty of room for everyone. The master suite provides a peaceful retreat, while the additional bedrooms are perfect for family members, guests, or a home office. The home includes 2 full bathrooms and 2 half baths, each featuring updated fixtures and finishes, providing comfort and functionality for your family and guests. The well-equipped kitchen boasts ample counter and cabinet space, perfect for preparing meals and hosting gatherings. The open layout connects seamlessly with the living area for a truly communal feel. Situated on a multi acres private lot, this property offers endless outdoor possibilities. Whether youCOre dreaming of a garden, a play area, pool, or simply enjoying the beauty of nature, thereCOs more than enough space to make it your own. Enjoy the peace and tranquility of country living while being just a short drive away from local amenities. This property offers the perfect blend of seclusion and convenience. This home offers an ideal combination of space, comfort, and privacy. With its open layout, modern updates, and expansive land, make this your first or forever home! There is no HOA, so this property will make an amazing investment property. DonCOt miss the opportunity to own this fully renovated, move-in ready home. Make this your first or forever home today! in one of AtlantaCOs most sought-after neighborhoods. Schedule your private showing today! Preferred lender offering $4K towards your total cash to close and low interest rates!
Source: GAMLS #10371501
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10371501
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: #10371501
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.