150 Ingrams Ln, Locust Grove, GA 30248
3 beds · 2 baths · 2,213 sqft sqft
** Discover Your Off-Grid Retreat!** Nestled in a peaceful cul-de-sac in the desirable Ingrams Manor subdivision, this charming 3-bedroom, 2-full bath home offers the perfect blend of comfort and space-without any HOA restrictions! Set on an expansive 1.58 acres, this property is a true gem for outdoor enthusiasts and those seeking room to breathe. As you step inside, you're greeted by a cozy living room featuring a wood-burning fireplace, perfect for chilly evenings. The open layout featuring LVP flooring throughout, flows seamlessly into the dining area and a modern kitchen equipped with stunning granite countertops and stainless steel appliances, including a refrigerator, oven/range combo, microwave, and dishwasher-ideal for the home chef! Upstairs, you'll find spacious secondary bedrooms with a conveniently located bathroom, while the master suite boasts a generous walk-in closet and a private bathroom complete with a separate shower and tub. The downstairs features a versatile bonus room, perfect for a second living area, office, flex space, or even a fourth bedroom. But the real highlight of this home is the incredible outdoor space! Step through the French doors to discover your backyard paradise, complete with a new deck, storage building and an impressive 30x40 workshop equipped with three garage doors and electricity. Whether you need space for your landscaping equipment, a place to tinker, or room for your car collection, this workshop has it all. Let the kids explore the property, swim in the Pool that stays, or ride their bikes in the cul-de-sac in this one street private neighborhood. Enjoy the tranquility of your own retreat while being just minutes from Downtown Locust Grove and Tanger Outlet Mall. Don't miss out on this rare opportunity to own a home with such fantastic yard space and flexibility! This home is USDA Eligible for Financing with No Down payment required...Ask me how!
Source: GAMLS #10402919
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10402919
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: #10402919
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.