3202 Wards Church Rd, Blackshear, GA 31516
1 beds · 1 baths · 1,120 sqft
MOTIVATED SELLER BRING OFFERS! WONDERFUL BARNDOMINIUM COUNTRY HOME ON OVER 2 ACRES IN DESIRABLE BLACKSHEAR! ONE ACRE OF POMEGRANATES! This stunning one bed/ one full bath barndominium built in 2009 with over 1100 square feet also features an additional room that can be used as a 2nd bedroom. Inside you'll find modern finishes, fixtures, two safes and a state-of-the-art entertainment center for relaxing. Formal living room, formal dining room, large walk-in closets and lots of storage space! If you are wanting to work on cars or have a home-based business than this is a perfect home for you- this property has a carport, TWO BAYS for vehicles, hoist in the big bay that will lift 1000 lbs., two post car lift that will lift 7000 lbs., 220 air composer, a possible kennel or storage area and plenty of loft space. RV hookup with 30 and 50 AMP. Tankless hot water heater keeps the water always hot and the electric bill low. Front sitting area with plenty of space to enjoy the great Georgia weather while looking at your beautiful acreage! 100 Yard KD range for practicing your hunting skills. This home truly has it all. This property includes parcels 034B 001 A and 034B 001 B
Source: GAMLS #10337372
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10337372
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: #10337372
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.