1283 Blazing Rdg W, Lawrenceville, GA 30046
4 beds · 3 baths · 3,002 sqft sqft
Don't miss out on this awesome opportunity to purchase a home with almost 3,000 sq. ft. of space for under $400k in Lawrenceville. Seller's are offering a $10,000 buyer incentive you can use to buy down your rate, reduce closing costs, and more. If you are looking for the hidden gem of residential homes in Lawrenceville, you've found it. In this double cul-de-sac no HOA neighborhood, there is minimal car traffic and noise disruption. The spacious lot with lush greenery creates a serene setting away from the hustle and bustle. A true ranch with a full basement and rocking chair front porch awaits. As you step inside you are greeted by the rustic stone fireplace and vaulted ceiling with sky lights. Just off of the great room is the newly updated kitchen with eat-in breakfast area, quartz counter tops, tile back splash, and stainless steel appliances. The butlers area offers plenty of cabinet storage and additional counter top space so preparing meals is a breeze. If you enjoy entertaining, you will love the separate dining room, multi-level deck, secondary living room, and backyard with fire pit. The main level features an owner's suite with full bath and walk-in closet, two secondary bedrooms, and an additional full bath. But wait, there's more. Head down to the basement and think about all of the things you can do with all the extra space! It is primed for second level living or an in law suite. The abundant second living room, office space, bedroom, and full bath lend a wealth of possibilities for lower level living. If you are seeking a great home with the necessary proximity for all of your basic needs but also appreciate privacy, peace and quiet you will adore this property. A five minute drive from downtown Lawrenceville and centrally located near the Snellville border make this area fantastic for getting wherever you need to go. Don't even get me started on all of the dining options within a stones throw. The only thing this home is missing is your finishing touches. Schedule a showing today!
Source: GAMLS #10386975
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10386975
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: #10386975
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.