258 Mission Oak Dr, Grayson, GA 30017
3 beds · 3 baths · 2,144 sqft
MOTIVATED SELLER PRICED BELOW COMPS AND MARKET TO SELL!! Refreshed southern style craftsman/farm home exudes curb appeal and offers warmth as you enter the open concept plan. Freshly painted throughout, new 2023 HVAC and Water Heater, 6-year-old roof this home is ready for quick move in. Upgraded features include engineered hardwood floors, tile floor baths, custom trim finishes and window blinds. The eat in kitchen features an open concept breakfast bar, pendant lights, built in coffee/wine bar, stained cabinets, granite countertops, backsplash and is opens to inviting great room with wood burning fireplace and custom bookcases. The large formal dining room is tastefully appointed with wainscotting and crown molding. Spacious owner's suite offers a walk-in closet, double vanity, a large shower and soaking tub. Two (2) additional bedrooms with adjoining bath, and a nice laundry room upstairs. The large patio overlooks the professionally landscaped fenced backyard and has plenty of room for entertaining and a garden. Extended length garage is perfect for larger vehicles. Enjoy sitting on the front porch or back patio enjoying this hidden gem community in the heart of Grayson. HOA includes yard maintenance. Great location sought After Schools, Close to Shopping and Railyard Boutiques and Restaurant's. Seller will provide 1-year 2/10 Home warranty with purchase.
Source: FMLS #7428330
Source: FMLS #7428330
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: #7428330