109 Slate Dr # 5, Buford, GA 30518
6 beds · 5 baths · 4,784 sqft
Get a free consultation call with an expert in the mortgage assumption process.
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 beautiful office. A large, Open Family Room receives 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: FMLS #7514986
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7514986
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 and Equal Opportunity Act.