2408 Britt St, Grayson, GA 30017
7 beds · 6 baths · 5,830 sqft
YOU SAW THAT RIGHT...OVER 5800 SQUARET FEET OVER 3 STORIES...ALL ABOVE GRADE WITH A TOTAL OF 7 BEDS AND 6 FULL BATHS!!! Multi-generational families, large families or folks that just want a big, beautiful home to stretch out in will marvel a this floorplan! Entertain to your hearts desire in the open kitchen which looks over not one but two family rooms features double ovens and a gas cooktop. Or you can host a bbq or birthday party in the flat, fenced backyard which is the perfect size to install a pool. Inside there is a bedroom suite on the main level, there are 5 bedrooms included the enormous master suite on the second floor and a bedroom suite on the 3rd floor. No basement? No problem! The 3rd floor also boasts a large bonus room/media room/game room. Investors looking to rent or AirBnb...this home is worth every penny for its versatility and potential alone! This home is located within walking distance to Grayson Elementary and all the new, cute restaurants in downtown Grayson. Imagine finishing your evening with a nice walk up to the ice cream shop! There's even a Senior Center and a county park just down the street! Grayson school district is also highly sought after for both its academic accomplishments as well as its competitive athletic program. Come by today and make this beautiful, rare 3-story home yours tomorrow!
Source: GAMLS #10335365
Source: GAMLS #10335365
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: #10335365