271 Nutt Dr, Locust Grove, GA 30248
4 beds · 3 baths · 2,287 sqft
Back on the market through no fault of the seller!! Beautiful Like-New Home on Over 1 Acre! Welcome to your dream home! This stunning, nearly-new 4-bedroom, 3-bath home offers the perfect blend of modern convenience and serene living. Step inside to discover a floor plan designed for effortless flow and natural light. The spacious living areas are ideal for both entertaining and everyday comfort. The gourmet kitchen features newer upgraded contemporary black stainless steel appliances, beautiful white cabinetry, subway tile backsplash, granite counter tops, and a large island perfect for meal prep and casual dining. Retreat to the main-floor luxurious primary suite, complete with a spa-like en-suite bath featuring dual vanities and a tiled walk-in shower. Two additional well-appointed bedrooms on the main floor provide plenty of space for family and guests. Upstairs is a fourth bedroom, large enough to serve as an owner's suite! It features an electric fireplace, full bath and lighted walk-in closet. The attic space could be finished out to provide another bedroom, playroom, or office. The possibilities are endless! Enjoy outdoor living year-round with a covered back patio overlooking your private backyard. The hot tub remains with the home! Whether you're hosting a summer barbecue or simply relaxing with a good book, this private oasis is sure to impress. Don't miss your chance to own this exceptional home with modern amenities and generous space. Schedule your tour today!
Source: GAMLS #10360482
Source: GAMLS #10360482
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: #10360482