4828 Old River Rd, Fortson, GA 31808
4 beds · 3 baths · 2,770 sqft
UNIQUE URBAN FARM Discover the potential for a self-sustainable family farm nestled on 5 private wooded acres, featuring a completely renovated single-story ranch home. Key highlights of this spacious 2,770 sq ft residence - Four Bedrooms; Three full Baths; Two sizable Living areas; Oversized Master suite with dual walk-in closets & luxurious, ultra-modern Ensuite Bath; Guest or mother-in-law suite with private bathroom, and two additional bedrooms and bath located on the opposite end of home. Additional features of this dream property include two sitting porches; 32x36 concrete block Barn with tack room, four stalls & upper hay storage; and 16x80 manufactured home ready to renovate for rental, storage or office. Impressive list of updates, both functional and aesthetic, such as gorgeous but durable quality LVP wood-look and feel flooring throughout; extra insulation; granite countertops; paint inside and out; two water heaters, one of which is dedicated to master bath; nearly new roof, septic, and HVAC further enhance the value. The list of amenities this dream property offers continues- Zoned A-1 so bring all the chickens, goats, etc.; Wet weather creek; 1/2 mile ATV or horseback trail; coveted Harris County Schools; and Location! Location! Location! - just inside Harris Co line, 4.3 miles to Standing Boy Recreation with bike and hiking trails, 2 miles to Goat Rock Marina, 3.7 miles to Lake Harding Marina, 10 mins to Columbus, and 20 mins to Ft. Moore. Shown by appointment but in the meantime video tour your future home here- https://youtu.be/quEsascfvxM
Source: GAMLS #10411515
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10411515
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: #10411515
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.