2075 Pine Tree Dr, Buford, GA 30518
3 beds · 3 baths · 1,768 sqft
This is the TRIFECTA of RESORT LAKE LIVING! Very Desirable and sought after Buford City School District, Lake Lanier, and a Resort Style Community. Gorgeously updated and meticulously maintained townhome in the exclusive LANIER POINTE. This home features a bright and open kitchen with granite countertops, stainless steel appliances, $8k in upgraded slide out drawers. Additional seating at the breakfast bar which opens to a dining area and family room hosting a fireplace with new gas logs. Just off the family room is private patio with newer pavers. Extensive molding and brand new luxury vinyl flooring throughout the main level giving a warm and elegant feel. The upper level includes a spacious owner's suite with stunning tray ceilings. Updated primary bath is very bright and light including double sinks, jetted tub, and separate shower. Two additional bedrooms both have new carpet. Updated hall bathroom and laundry with Samsung Washer and Dryer (that will remain) complete the upper level. Additional updates include: New furnace, paint throughout, and downstairs bathroom, and wood shelving. Ample storage throughout home. The Lanier Pointe community is nestled among the trees adjacent to Lake Lanier. This community offers a private sparkling pool, well maintained common areas, and NEW private Community Dock (8/24), and Nature Trail to the Lake, making it the perfect place to retreat to! Brand New Roofs (8/24) and gutters have been installed throughout the community. So close to all that Lake Lanier has to offer including new boat ramp at the end of the street, Margaritaville, and downtown Buford are just minutes away from this great location. Located in amazing Buford City School district!
Source: FMLS #7450190
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7450190
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: #7450190
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.