274 Tillman Rd, Fayetteville, GA 30214
3 beds · 2 baths · 1,761 sqft sqft
Nestled on a tranquil 3-acre lot, this charming 3-bedroom, 2-bathroom ranch offers the perfect blend of privacy and convenience. Located just half a mile from Trilith Studios and less than a mile from the exciting new USA Soccer Center, this home is a hidden gem for those seeking a peaceful retreat close to it all. Inside, the split-bedroom plan provides both comfort and privacy, with new luxury vinyl plank (LVP) flooring in the living areas, bathrooms, and the owner's suite. Fresh paint throughout and newly repainted exterior trim give the home a fresh, modern feel. All windows are set to be replaced, ensuring energy efficiency and enhancing the home's bright, sun-lit atmosphere. The open living and dining areas flow seamlessly into a galley kitchen, making this space ideal for both entertaining and day-to-day living. Outside, the property features front and rear fenced paddocks with wood posts that have tapered tops, complemented by equestrian-grade Cameo monofilament fencing, crafted in Blairsville, GA. Known for its superior safety and ease of maintenance, this fencing offers open sight lines, adding to the beauty and functionality of the property-perfect for horse lovers or anyone who enjoys wide, uninterrupted views. The home sits back from the street, adding a sense of seclusion, and the attached 2-car garage includes a bonus storage room for added convenience. This home also boasts an original Geo-Thermal loop system, giving eco-conscious buyers the potential to lower energy costs. A slice of paradise in a prime location, this property offers the perfect balance of privacy, space, and proximity to local amenities. Don't miss this unique opportunity!
Source: GAMLS #10403558
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10403558
Source: Public records
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: #10403558
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.