130 WESLEYAN WAY, Oxford, GA 30054
THIS ONE IS IT!! "THE CHANCE SELLS TEAM" Welcomes you to this stunning and IMMACULATE 6,600sf all brick ranch, sitting on full finished basement, situated in a quiet gated community, sitting on a very privately wooded 2.57 acre lot!! This 1.5 story home features 6 bedrooms, 3 full baths, and 2 half baths, providing ample space for your family and guests. New Roof-- 1 year old, built-in separate stainless steel icemaker in kitchen cabinets, Central vacuum system throughout, New HVAC unit, Vivint Smart Home Security System, 2 fire places and irrigation system too. The main level of the home offers 3,500sf, with an awesome master suite with heated tiled floors, 2 more spacious bedrooms adjoined by a Jack-N-Jill bath, living room, formal dining room, and an oversized kitchen with heated tile floors and is complete with a granite wrap around bar, perfect for entertaining. There are 2 half baths on the main. The second half bath is right when you enter the home from the 3-car garage. Upstairs is another huge bedroom with a 2nd living room and closet. Downstairs Terrace Level, you will find a full finished basement with 3,100sf of heated space, boasting a full second kitchen with shaker style cabinets, washer and dryer hook-up, dishwasher, stove and fridge with a bar eating area, 2 more bedrooms, a full bath, 3rd living room, entertaining/Flex room and a storage area too. This home features upgrades galore!! Outside, enjoy the serenity of nature from the large deck and covered porch area. Front covered porch overlooks the long double-sided concreted half-circle driveway for added convenience. Don't miss the opportunity to own this beautiful and spacious home in a desirable location. Schedule your showing today! Thanks, Chance.
You may be able to put down less than the total down payment amount of $368,203 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: #10293180
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.