1129 Abundance Dr, Locust Grove, GA 30248
3 beds · 2 baths · 2,007 sqft
***NEW PRICE***Welcome home to 1129 Abundance Drive with NO HOA, 5 years old, and loved by one owner! This incredibly rare find ranch style home is a must see, and it has been impeccably maintained with 3 bedrooms 2 bathrooms, and over 2k sqft. Featuring a rocking chair front porch, manicured lawn and a beautiful installed fenced yard on a colossal corner lot. From the moment you step inside, you're greeted by soaring high ceilings that create a spacious and inviting atmosphere. The heart of the home is the stunning open- concept living area, seamlessly connecting the kitchen with gorgeous dark wood cabinetry, a large island and stainless steel appliances, living room, and dining/eat in kitchen, perfect for both entertaining guests and enjoying family time under the beautifully designed electric fireplace with multiple lighting features that create the perfect atmosphere. The master bedroom is a huge owner's suite which includes ample space for a nursery, office, or sitting area. Enjoy soaking in the master tub, double vanity sinks, separate shower, and a large walk-in closet. There is an oversized laundry room that also has a large enclosed closet, while the 2 secondary bedrooms and closets are the perfect size. The 2 car garage is located in the back of the home which provides a unique style. Outside, the expansive lot surrounding the property provides an ideal setting for families, offering plenty of space for outdoor activities and relaxation, and easily provides ample room to install an in-ground swimming pool. This home has been immaculately kept, and the community is very intimate while all of the neighbors pay close attention keeping their yards beautifully maintained. This residence combines modern sophistication with a classic charm. It is easily accessible to everything- shopping, dining, and entertainment. Don't miss out on making this your forever home. Come and envision the possibilities today! OWNER OCCUPIED- DO NOT WALK PROPERTY!
Source: FMLS #7468277
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 #7468277
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 of Equal Opportunity Act.