275 Wolfden Branch Rd, Warm Springs, GA 31830
4 beds · 3 baths · 3,362 sqft
WONDERFUL FAMILY HOME WITH FINISHED BASEMENT ON 4.81 ACRES- Home offers 3362+- sqft (2234sqft on 2 levels & approx 1128 sqft in finished bsmt area). The warm & inviting main floor includes family room w/bay window, dining room, wood burning fireplace w/insert, kitchen & primary bedroom & bath. Kitchen includes 2 pantries, newer countertops & fixtures, stainless appliances and tastefully painted cabinets. Main floor laundry is spacious and includes a half bath. Spacious primary bedroom features walk in closet and updated master bath with dbl vanity and newer fixtures. Luxury Vinyl Plank flooring was updated throughout the main floor approx 2-3 years ago. Upstairs you will find 2 spacious bedrooms and bath with a bonus area that is currently being used as a bedroom. Basement area offers access from the interior and exterior and includes den area, full kitchen, bedroom, bath with walk in therapy tub/shower & laundry area (Washer/dryer remain). Basement is perfect for large families or in law suite or possibly lease the space for additional income. Many upgrades have been made during this seller's ownership to include newer roof, new low maintenance vinyl siding, gutter guard system & new windows. Home also has 2 hot water heaters, 2 central heat & air units, security system (monitors CO2, fire, motion, glass break & door sensors and cameras), whole house water filter, Remi Halo Whole House Disinfection system and mailbox with lock. New steel frame exterior deck will need to be completed by new buyer. Exterior grounds include a chain link fenced area & custom dog house for your furry friends, chicken coop, multiple storage buildings, wired workshop, garden area, steel firepit w/cover, swing set, fruit trees and shrubs, well & septic tank. Per Meriwether County, no more than3 hooved animals are allowed on the property. Hunting is allowed and seller is leaving deer stands. This property is just minutes outside Historic Warm Springs and only steps from the Pine Mountain Hiking Trail. Seller will consider cash or conventional financing offers only! Call your realtor of representation today to make an appointment!
Source: GAMLS #10352569
Source: GAMLS #10352569
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: #10352569
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.