20 Tabor Trce, Oxford, GA 30054
5 beds · 4 baths · 3,966 sqft
Welcome to your dream home! This exquisite three-sided brick residence offers a perfect blend of elegance and modern comfort. Step inside to a grand two-story foyer and an impressive two-story family room, featuring wrought iron spindles that add a touch of sophistication. Enjoy the generous layout with a separate living room, dining room, and family room, perfect for entertaining. The spacious eat-in kitchen features beautiful quartz countertops, stainless steel appliances, and a convenient walk-in pantry, ideal for culinary adventures and family gatherings. Retreat to the oversized primary bedroom that includes a completely private sitting room, perfect for relaxing or enjoying a quiet read. The master spa-like bathroom features dual vanities, a luxurious soaker tub, and a stunning shower, while the expansive walk-in closet provides ample storage space. A beautiful catwalk overlooks the great room, complete with a cozy fireplace, making this home perfect for gatherings and creating lasting memories. The secondary bedrooms are spacious and inviting, ensuring comfort for family and guests alike. Move-in ready and situated on the largest lot in the community, this home offers over an acre of land for outdoor enjoyment. Plus, you'll love the convenience of being just minutes from the highway, providing easy access to everything you need. And don't forget the amazing hardwood floors that flow throughout the home, adding to its charm. Don't miss out on this fantastic opportunity to own a beautiful home in an amazing location! Schedule your showing today!
Source: GAMLS #10392724
Source: GAMLS #10392724
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: #10392724
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.