231 HARRIS HILLS DR, Athens, GA 30607
Welcome to 231 Harris Hills Drive, a welcoming retreat on a lovely peaceful lake. This home is conveniently located about 10 minutes from downtown Athens, and about 15 minutes from the I-85 corridor. Entering the front door, you will find a large open floor plan with spaces the flow seamlessly into one another. The main floor has a large den with vaulted ceiling and a dining room with beautiful details and molding. There is a chef's kitchen with granite counter tops and detailed backsplash and a lovely breakfast room with unrivaled views of the lake and back lawn. The spacious master suite is on the main and features tray ceilings, a bay window, and a large master bath and closet with built ins. The awesome screened in porch has beautiful views of the lake. The upstairs boasts hardwood floors throughout and has 4 bedrooms and two bathrooms situated around a small flex space that could be used as a study or playroom. The basement is huge and has a large open den, a nice kitchen and bar, a big bedroom, a hot tub, a spacious bathroom, and a closet/dressing room with lots of built-ins. Out the back door is a grand stone patio with a fire place and custom BBQ overlooking the serene lake. This property has so much to offer; NEW ROOF NEW AC UNIT, Tesla Home charger! HOA are really friendly and approachable, They've been supportive and easy to work with, which has made a big difference in Seller experience. Make your appointment to see it today!
You may be able to put down less than the total down payment amount of $265,080 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #7424372
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.