56 Bottoms Rd, Concord, GA 30206
4 beds · 4 baths · 2,357 sqft sqft
Welcome to your country farm retreat! This stunning Craftsman-style home, nestled on a picturesque 3+ acre lot, offers both tranquility and modern comfort. The property is fully fenced, providing privacy and security for you and your loved ones. Bring all your homesteading dreams and plans along with all your farm animals because the hard work has been done for you! As you step inside, you'll be greeted by an inviting open floor plan that beautifully showcases the home's exquisite craftsmanship details. With 4 spacious bedrooms and 3 well-appointed bathrooms, there's ample room for family and guests. The warm wood accents and cozy fireplace create a welcoming atmosphere throughout. But just wait till you see this backyard!! This backyard is the perfect entertainment spot featuring upgrades and additions galore! No expense was spared in turning this area into a private oasis. This level lot is set on a generous lot that's ready for your farming dreams, you'll have plenty of space for gardens, livestock, or whatever your heart desires. The property is equipped with a shed for storage and a mini pool house complete with an outdoor shower. With the perfect blend of comfort and potential, this home is a rare opportunity to embrace a lifestyle of tranquility and productivity. Don't miss your chance to make it yours! Located conveniently close to local amenities yet far enough to enjoy the peace of rural living, this home is a rare find. Don't miss your chance to own a piece of paradise!
Source: GAMLS #10386315
Interest rate and monthly payment estimated based on public records.
Source: GAMLS #10386315
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: #10386315
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.