5 Oak St, Aragon, GA 30104
3 beds · 2 baths · 1,523 sqft sqft
Impeccably Renovated Ranch in the Heart of Aragon Step into your dream home! This beautiful recently (2020) renovated single-story ranch rests on a spacious lot with a fully fenced backyard, offering both privacy and charm in downtown Aragon. From the ground up, every inch of this home has been thoughtfully upgraded including the HVAC, electrical, plumbing, and roof, balancing modern sophistication with timeless design elements. Welcome guests on the oversized rocking chair front porch, leading into an open-concept floor plan with soaring 10-foot ceilings. Meticulously crafted baseboards, elegant crown molding, and luxurious LVP flooring flow throughout, creating a perfect space for entertaining or unwinding after a long day. At the heart of the home lies a chic, modern kitchen, featuring pristine white cabinetry, stunning stone countertops, a sleek glass tile backsplash, and stainless-steel appliances. Whether you're a seasoned chef or love hosting gatherings, this kitchen promises both functionality and style. The kitchen opens to the dining area, ideal for family dinners, game nights, or holiday celebrations, which then leads seamlessly into the cozy family room. The primary suite is an oasis of elegance, boasting a shiplap accent wall, ceiling fan, and a walk-in closet with ample storage. The spa-inspired ensuite bath elevates the experience with thoughtful touches, ensuring comfort and relaxation. Two additional bedrooms with spacious closets share a large bathroom featuring upgraded cabinetry and marble countertops. Practicality meets convenience with a well-appointed laundry closet, complete with shelving to keep everything organized. Step outside into the expansive backyard, enclosed by a brand-new privacy fence, offering the ideal setting for outdoor entertaining, gardening, or simply enjoying some peaceful downtime. This exceptional home is a rare find, blending luxury, comfort, and modern convenience. DonCOt miss your chance to call this exquisite house your forever home! Schedule a tour today.
Source: GAMLS #10401343
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10401343
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: #10401343
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.