1118 Reddy Farm Rd, Grayson, GA 30017
4 beds · 3 baths · 3,008 sqft
UPGRADED AND MODERNIZED THROUGHOUT-A RARE GEM! Nestled in the highly desirable Grayson community, within the top-rated Grayson School District, this stunning four-sided brick, 4-bedroom, 2.5-bathroom home offers modern elegance with countless upgrades. The entry features dual iron front doors with a Delaney coded lock, an extended front porch with ceiling fan and lighting, and a grand designer chandelier in the foyer. Inside, natural sunlight floods the open layout, highlighting the rod iron staircase, updated flooring throughout, and designer lighting in every room. The completely renovated kitchen boasts new cabinets, a custom granite island with a built-in wine rack, stone mosaic backsplash, farmhouse sink with a touchless sensor faucet, and a premium SAMSUNG APPLIANCE PACKAGE that includes a refrigerator, gas range, and oven. The microwave and dishwasher are also included, making this kitchen a true showpiece. The main level offers a formal dining room, a cozy living room with a gas fireplace, a versatile den, a half bath, and a storage closet-each space showcasing meticulous attention to detail. Upstairs, the oversized primary suite features tray ceilings, new carpet, and double-door entry. The en-suite bathroom is truly a focal point, with a magnificent shower featuring dual Delta showerheads and handheld sprayers, complemented by a stunning combination of marble mosaic and porcelain tiles. Polished porcelain flooring extends seamlessly into the custom Closet By Design walk-in closet, offering both luxury and practicality. Double vanities with custom cabinets, Kohler sinks, and a built-in Bluetooth sound system complete this spa-like retreat. Three additional spacious bedrooms are upstairs, each with walk-in closets, ceiling fans with remotes, and versatile uses such as office space. The walk-in laundry room, complete with SAMSUNG WASHER & DRYER, cabinetry, and shelving, adds extra convenience. The outdoor space is perfect for entertaining, with a leveled yard, a covered deck featuring recessed lighting, three ceiling fans, and a TV setup. The backyard also includes a new retainer wall, basketball court flooring, and space for an inground pool, all enclosed by a privacy fence. Electrical work has been expertly done outside for lighting, TV, and other features, ensuring a functional and stylish space. Additional features include a Vivint security system with cameras and flood sensors, low HOA fees, and a prime location near shopping, restaurants, parks, medical facilities, and schools. With unmatched quality and design, this home is a must-see. Schedule your private showing today!
Source: GAMLS #10415258
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10415258
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: #10415258
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.