119 Dover Rd NE, Resaca, GA 30735
3 beds · 3 baths · 3,228 sqft
Experience the epitome of country living with this exceptional horse farm spanning 11.81 acres of picturesque landscape. The expansive covered front porch welcomes you. Enter into this light and bright abode, boasting exposed beams and rustic wood ceilings in the main living areas. This home exudes warmth and character throughout. The expansive family room and separate den feature a natural burning fireplace, perfect for cozy evenings with loved ones. The downstairs primary suite offers convenience and privacy, featuring a ground-level layout with no stairs to navigate. Indulge in luxury with the primary bathroom showcasing a rock wall shower with a bench seat and separate soaking tub. Plus, enjoy peace of mind with a new roof installed in September 2022. Step outside to discover a fenced in-ground pool with a diving board, providing endless opportunities for outdoor recreation and relaxation. The property offers two unique pasture areas, each fenced, along with a pond ideal for fishing. A huge 8-stall barn awaits, complete with a tack room, storage areas, a spacious workshop, and a 1-bedroom, 1-bathroom apartment. Equine enthusiasts will appreciate the pastures and dirt bike track, perfect for riding and racing adventures. Additional amenities include a gate at the entrance of the driveway offering peace of mind, and a large attached garage with a storage room, offering ample space for vehicles and equipment. Conveniently located near Highway 75, Carters Lake, and Paradise Drag Strip, this property provides easy access to a variety of recreational and entertainment options. Enjoy proximity to motocross trails, restaurants, shopping outlets, a gas station, and Gordon Advent Health Hospital. Nestled on a dead-end road with minimal traffic, this property offers a peaceful and private retreat with wonderful neighbors. Don't miss your chance to own this incredible countryside paradise! Schedule your private tour today!
Source: FMLS #7379791
Source: FMLS #7379791
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: #7379791