127 Poplar Mill Rd, Demorest, GA 30535
3 beds · - baths · sqft
Charming One-Level Living with Spacious Interiors! Welcome to this inviting 3-bedroom, 3-bath home offering the perfect blend of comfort and functionality. Nestled on a private 1+ acre lot, this home features a well-thought-out floor plan that makes everyday living a pleasure. As you enter, you'll be greeted by a large and open living room with stunning tongue-and-groove partially vaulted ceilings that enhance the spaciousness. The cozy fireplace adds a touch of warmth and ambiance to the room. The elegant dining room boasts trey ceilings, creating an ideal space for entertaining guests or enjoying family meals. The well-appointed guest rooms provide ample space for comfort, with a guest bathroom featuring tile flooring. The large master suite is a true retreat with a trey ceiling, hardwood floors, walk-in closets, and a beautifully designed ensuite bathroom. The kitchen is open to the living room and includes a breakfast nook, making it easy to stay connected with family and friends. For added convenience, the laundry room is located just off the kitchen, with easy access to the breezeway leading to the garage. Enjoy the outdoors year-round with a spacious sunroom, perfect for relaxing and unwinding while overlooking the backyard. Step outside onto the back deck, where you can take in the serene, private backyard and wooded area. The front porch is a perfect spot to sit and enjoy the beauty of flowering plants and trees that surround the home. The garage has been thoughtfully converted into a 4th bedroom with an added bath, offering versatility for your needs. If you prefer a traditional garage, it can easily be converted back, with garage doors still in place. Additional features include a storage area beneath the sunroom and a quiet, peaceful location just minutes from town. Don't miss your chance to experience this lovely home with all its charm and potential. Schedule a tour today!
Source: GAMLS #10418070
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10418070
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: #10418070
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.