271 NUTT DR, Locust Grove, GA 30248
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!
You may be able to put down less than the total down payment amount of $172,215 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: #10360482