174 Country Charm Ct, Midland, GA 31820
3 beds · 2 baths · 3,294 sqft
Convenient Country Living in Harris County! Beautifully remodeled 3-bedroom, 2.5-bath custom-built, two owner brick home nestled on fenced 8.56 acres offers a combination of cleared & wooded area with walking paths, garden area, numerous fruit & pecan trees, a spacious, wired workshop/garage, garden shop and barn ideal for horse enthusiasts. A chef's dream kitchen features 48-inch double oven with seven burners and custom-built steel vent wrapped in custom cabinetry, quartz countertops with tile backsplash, farmhouse sink, large island with prep sink, built-in microwave, coffee bar, wine refrigerator, walk-in pantry, abundance of cabinet space & huge dining area. Separate dining room with large with window offering a beautiful view. Entry foyer with two closets leading into the great room with brick fireplace with gas starter. Beautiful sunroom with terracotta tile floor and surrounded by windows offing an abundance of natural lighting. Sunroom opens to two separate freshly stained decks. Large owner suite with private bathroom features separate vanities with marble tops & real brass faucets, seven-foot claw foot tub, walk-in shower with seating & multiple shower heads, mosaic marble tile floor & two walk-in closets. Mud room with office space & decorative tile. Large laundry room with cabinets & countertops. 3,281 sq ft total living space Two car garage. 25x30 additional garage/auto shop with automatic roll up door, wired with 110 & 220, air hose, coated floor & attic space. Large heated/cooled garden shop with well water, counter space & growing lights. Barn features two horse stalls, heated/cooled tack room, separate storage space, attic space & covered open storage. Pump house with deep aquifer well. Harris County public water to house but is also stubbed for well. Large, pave driveway which allows access to home & all additional buildings. Exterior of home & additional buildings freshly painted. New Roof in 2023. Well water irrigation system.
Source: GAMLS #10478186
Financials
Source: Public records
Source: GAMLS #10478186
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.