114 SYCAMORE RD SW, Milledgeville, GA 31061
Welcome to your vibrant retreat at 114 Sycamore in the Allenwood enclave! This sunny 4-sided brick beauty is bursting with charm and awaits your personal touch. Step into the heart of the home—a spacious kitchen perfect for cooking up culinary delights, while the adjacent dining and living areas beckon for lively gatherings. Need a cozy spot to unwind? The den's got you covered! On the main floor, discover two cozy bedrooms, including one with its very own half bath—a convenient touch! Plus, there's a full bath down the hall for added ease. Downstairs on the walk out basement level, the primary bedroom suite offers a tranquil escape, complete with a luxurious bath and a sprawling walk-in closet. Don't forget to step outside onto the ample side deck, perfect for hosting outdoor functions and soaking up the Georgia sun! Outside, two substantial sheds await, including one that's insulated—a haven for hobbyists, creating the ideal man cave or 'she shed' retreat. Admire the meticulously maintained landscaping framing the property, with a nice-sized yard providing the perfect backdrop for outdoor enjoyment and play. With its inviting atmosphere and endless possibilities, this home is ready to become your personal oasis. Come explore 114 Sycamore and start envisioning the memories you'll create in your new haven! Sold 'As Is'! Contact listing agent or call your agent to schedule your appointment today!
You may be able to put down less than the total down payment amount of $0 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #20180024
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.