217 Huntington Shoals Dr, Athens, GA 30606
4 beds · 2 baths · 2,148 sqft
IF the idea of a charming house, on a petite yet private lot, bordered by a creek sounds appealing, then you are going to love 217 Huntington Shoals Drive. Tucked away discreetly, this West Athens home includes 4 large upstairs bedrooms, with the stylish owner's suite providing a garden tub, double sink vanity, a separate shower and nice sized walk-in closet. An additional full bath and laundry room along with more storage round out the 2nd floor features. Family and friends will love hanging out downstairs, as your main floor living is wide open. Your kitchen has all you'd hope for including custom cabinets, quartz countertops and a pantry. the oversized living area includes a gas log fireplace that will make these cold winter nights ultra comfy, while your rear deck will likely be the home's most used aspect. Or, maybe you'll just love sitting quietly by the bubbling brook as you ponder life's questions. Finally, the massive unfinished, daylight basement gives you a multitude of room to expand your living needs and comes complete with studded plumbing and an exterior entrance that leads to your private backyard with 6 ft wooden privacy fence. I recommend you calling Jason at 706-540-3283 today for a private showing. Don't hesitate, get excited and take a look! *Seller is a licensed real estate agent in the state of Georgia.
Source: GAMLS #10489666
Financials
Source: GAMLS #10489666
Source: Public records
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%. 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.
Other resourcesWhat 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.
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