109 Slate Dr # 5, Buford, GA 30518
6 beds · 4 baths · 4,784 sqft sqft
Welcome to this breathtaking 6-bedroom, 4.5-bath luxury estate located in the highly sought-after Buford City Schools district. This home perfectly blends modern elegance with comfort, offering an unparalleled living experience for the discerning buyer. Upon entering, you are greeted by a grand foyer adorned with a stunning 10-foot crystal chandelier that sets the tone for the sophistication throughout the home. To the left are French doors leading to a beatiful office. A large, Open Family Room received guests with Coffered Ceiling, Custom Built-Ins and Fireplace. There is also a Formal Dining Room for gathering. The main level also features an expansive master suite complete with a spa-inspired bathroom, featuring dual vanities, a separate soaking tub, and a glass-enclosed shower. The open-concept gourmet kitchen is a chef's dream, boasting custom cabinetry, a massive quartz island, sleek new appliances, and an oversized walk-in pantry. The kitchen flows seamlessly into both the living and keeping rooms, creating a perfect space for entertaining. Step outside to your screened-in porch overlooking a meticulously landscaped backyard, or unwind on the spacious front porch with views of your circular driveway and lush front yard. The resort-style backyard oasis, completed within the last year, is nothing short of spectacular. Enjoy the sparkling in-ground pool with LED lighting, a gas-powered heater for year-round use, and exquisite high-end pool deck tiles. The new patio with under-decking, decorative landscape lighting, and irrigation system creates the perfect setting for outdoor gatherings. Upstairs, you'll find five oversized secondary bedrooms, each with ample closet space, along with three additional full bathrooms, ideal for accommodating family and guests. The unfinished daylight basement offers endless possibilities, already stubbed for a bath and ready for customization. This home is not just beautiful-it's smart. Equipped with a state-of-the-art security system, motion-activated LED lighting, and an electric vehicle charging station in the garage with professionally installed epoxy flooring, it ensures the utmost convenience and peace of mind. With a brand-new roof, fresh interior and exterior paint, and extensive hardscaping, this home is truly move-in ready. Whether you're hosting lavish events or enjoying quiet evenings at home, this property offers everything you could desire in luxury living. Key Features: Brand new roof Full kitchen remodel with quartz island and backsplash State-of-the-art smart security system with cameras New pool with gas-powered heater and LED lighting Extensive landscaping, hardscaping, and irrigation system Circular driveway and electric vehicle charging station 6 bedrooms, 4.5 baths, plus an unfinished daylight basement Don't miss the chance to own this stunning luxury estate in one of Buford's most coveted neighborhoods!
Source: GAMLS #10390850
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10390850
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: #10390850
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.