1531 Autumn Wood Trl, Buford, GA 30518
4 beds · 4 baths · 2,986 sqft
***Back on Market, no fault of Seller*** Welcome to 1531 Autumn Wood Trail in the heart of Sugar Hill, GA—a delightful 4-bedroom, 2.5-bathroom home that perfectly balances style and functionality. Freshly painted with new carpet throughout, this home is ready for you to move in and make it your own. Step inside to discover a thoughtfully designed layout featuring a separate formal dining room, perfect for hosting family dinners or special occasions. Adjacent to the dining area is a versatile living room that can easily be transformed into a home office, offering flexibility to suit your lifestyle needs. The main living area boasts a cozy stacked stone fireplace, creating a warm and inviting atmosphere. The kitchen is a highlight, with custom cabinets and a chic stone backsplash that adds a touch of elegance to your culinary space. A unique feature of this home is the rear staircase, providing convenient access to the upper level where you'll find spacious bedrooms, including a huge master suite with an impressive walk in closet and ensuite bathroom. The tandem 3-car garage offers plenty of room for vehicles and storage, while the expansive fenced backyard is perfect for outdoor activities and entertaining. Located just under 2 miles from the scenic Lake Lanier, this home offers easy access to outdoor adventures and picturesque views. Enjoy the nearby amenities of downtown Sugar Hill, with its array of dining, shopping, and entertainment options. This charming property is an ideal choice for families seeking a comfortable and versatile living space in a friendly community and award-winning schools. Don't miss the opportunity to call this wonderful house your home!
Source: FMLS #7541708
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7541708
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.