4524 PRICE RD, Gainesville, GA 30506
Welcome to 4524 Price Rd, a charming single-family home located in Gainesville, GA. This beautiful home was built in 1979 and boasts a timeless design of wood tones that exudes warmth and character. Situated on a spacious lot spanning 2+/- acres with a recent survey, this property offers plenty of room to enjoy outdoor activities and create your own private oasis. With a total of 3 bedrooms, including 2 full bathrooms and 1 half bathroom, this home offers convenience and comfort for you and your family. Home also has an office that could be converted into a 4th bedroom. The finished area of the home spans 2,100+/- square feet, providing ample space for living, dining, and entertaining. As you step inside, you'll be greeted by a cozy living room filled with natural light and featuring a fireplace, creating a welcoming atmosphere for relaxing or gathering with loved ones. Massive kitchen is well-appointed with plenty of cabinet storage, counter top space, modern appliances, making meal prep and cooking a breeze and a cozy coffee sitting area. The bedrooms are spacious and offer plenty of closet space for storage. The bathrooms are tastefully designed with updated fixtures and finishings. House features 1000 +/- sq ft garage that has a new HVAC system that includes a 10 year warranty. Property features a fully functional and self contained tiny home. (negotiable with offer) Outside, the expansive lot offers endless possibilities for outdoor enjoyment. Whether you're looking to create a lush garden, set up a play area for kids, or simply relax and enjoy the fresh air, this property has the space to accommodate all your outdoor needs to include a new covered 26x12 rv/boat parking/storage area. Conveniently located in Gainesville, GA, this home offers easy access to shopping, dining, schools, and entertainment options in Gainesville, Dawsonville, and Dahlonega. With its timeless design, spacious lot, and convenient location, 4524 Price Rd is the perfect place to call home. Don't miss your chance to make this property your own and start enjoying the comfort and convenience it has to offer. Schedule a showing today!.
You may be able to put down less than the total down payment amount of $194,456 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: #10280208
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.