3392 HIGHWAY 53 E, Dawsonville, GA 30534
HUGE price improvement on this beautiful home in Dawsonville. Don’t miss this opportunity. Discover your dream estate within this meticulously maintained and remodeled Dawsonville four sided brick Ranch on over 5 sprawling ACRES with a full BASEMENT, POOL, and stocked POND! What more could you ask for! Step inside and admire the blend of rustic charm with a hint of modern elegance. The open concept floorplan provides a flow into each space allowing you to easily spend time in the heart of the home no matter the occasion. Vaulted beamed ceilings, gleaming hardwood floors, stacked stone fireplace, and large windows for lots of natural lighting creating a warm and inviting atmosphere. Prepare your favorite meals in the spacious kitchen featuring a subway tile backsplash, new cabinetry, floating shelves to display some of your best dishes, sleek stainless steel double oven, custom ordered cooktop with reverse fan, bar or buffet top, and a large island for added prep and dining space. Just off the kitchen is the perfect custom pantry allowing you to store and access your small appliances with ease. The space feels endless with options of hanging out in the great room, or sunroom where you can unwind and take in the views after a long day. Escape to the oversized primary suite with tray ceilings, stacked stone fireplace, screened patio and pool access, private laundry, custom closet system, and more! The fully remodeled primary bath is a true owners retreat. Freestanding tub, custom wood countertop with double vessel sinks, dual shower heads, ship-lap walls, and a desirable barn door. Expansive basement complete with additional rooms to fit all of your needs. The cinema room has a newly installed sound system and projector screen. Entertain or enjoy a quiet night cap at your own private wet bar. Mirrored display shelving, recessed lighting, and extensive trim work to highlight the beauty of the bar. Fresh carpet, new flooring, new custom blinds, and new interior paint. Bare the heat a little better and dive into your private pool complete with a NEW pool pump and a retractable awning for added shade. This truly exceptional property offers unparalleled serenity complete with bass, sunfish, bluegill, catfish, and picturesque lily pads. All within your own backyard oasis! HUGE 40x50 ft BARN/garage provides versatile space for storage, hobbies, or entrepreneurial pursuits. This magnificent 5-bedroom, 3-bathroom home is perfectly situated in a prime location just 3 minutes from GA Hwy 400, for seamless connectivity. Nearby schools, shopping, and dining options such as the North Georgia Outlet Mall, combining country tranquility with urban convenience. This unique estate presents a rare opportunity to experience the best of both worlds. Don’t miss out! Contact us today to schedule your exclusive viewing.
You may be able to put down less than the total down payment amount of $273,589 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: #7410212
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.