325 Buddy Burt Rd, Dawsonville, GA 30534
3 beds · 3 baths · 2,958 sqft sqft
Welcome to 325 Buddy Burt Rd! This charming ranch home is conveniently located just off HWY 53, only minutes from Downtown Dawsonville. It's a quick 10-minute drive to SR400, where you'll find the North Georgia Premium Outlets, shopping, Kroger, Publix, restaurants, and more. The home features 3 bedrooms and 3 bathrooms, with a fully finished terrace level that boasts impressive 14-foot ceilings. Terrace level includes a full bathroom and a massive workshop with an attached garage, making it perfect for hobbies or extra storage. Situated on a spacious one-acre lot, this property offers endless potential and the freedom of NO HOA. Outside, find an added poured concrete pad for an RV, complete with a supply outlet. Enjoy relaxing on the covered front porch, the spacious back deck off the kitchen, or the terrace-level patio. With three total garages, there's plenty of room for vehicles and equipment. Inside, the home has been freshly painted and features vinyl flooring throughout. The kitchen is spacious, and the laundry room offers even more space. Primary suite on the main level, with en-suite bathroom. The open concept living room features a beautiful stone fireplace and high vaulted ceilings. A NEW HVAC system was installed less than a year ago, and a 40-year architectural shingle roof was installed just five years ago. This home provides main level living and the flexibility to transform the finished terrace level to meet your needs. Don't miss this opportunity to make 325 Buddy Burt Rd your new home!
Source: FMLS #7473140
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7473140
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.
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: #7473140
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.