577 S River Dr, Jackson, GA 30233
3 beds · 2 baths · 1,276 sqft
Charming 3-Bedroom Ranch Home Near Jackson Lake – 577 S River Dr, Jackson, GA Looking for a cozy retreat close to nature? This adorable 3-bedroom, 2-bathroom ranch-style home offers a perfect blend of comfort and convenience, all nestled on 1.38 acres of land near the serene Jackson Lake! Key Features: Spacious Lot – Enjoy plenty of outdoor space on 1.38 acres, perfect for relaxing or entertaining. Updated Roof – Roof is just 2 years old, ensuring years of worry-free living. Newer Hardwood Floors – Beautiful hardwood floors throughout most of the home, creating a warm, inviting atmosphere. Comfortable Living – HVAC and water heater are 21 years old but still in working condition. No HOA – Enjoy the freedom of homeownership without the hassle of an HOA. Septic System – Reliable septic system in place. Additional Benefits: Seller-Funded Warranty – Up to $650 home warranty provided by the seller; you choose the company! (For added peace of mind.) Close to Jackson Lake – Perfect for boating, fishing, or just enjoying the outdoors. This home is ideal for first-time buyers, retirees, or anyone looking to escape to the quiet charm of Jackson, GA. Don’t miss out—schedule a tour today and see why this could be your perfect new home! The interior photos have been generated with AI to show what the home will look like once the furniture has been removed. We have a new investor loan program with great rates and terms, please contact us to find out more, we can get your approved in 24 hours. (HOME INSPECTION WAS COMPLETED ON 12/09/2024, request it and we will give it to you for free!) Don't miss the opportunity to make this house your new home. Schedule a showing today! This property is being sold "as is." Prospective buyers are encouraged to perform all necessary inspections and evaluations prior to purchase. House is not vacant!!! Do not use ShowingTime, Agent is ONLY transactional do not reach out to him, our info is in private remarks, Check out the really good 3D Matterport virtual tour! It shows you everything! Property Problem Solvers will help you solve your problem, for more details get in touch with us!
Source: FMLS #7496293
Interest rate and monthly payment estimated based on public records.
Source: FMLS #7496293
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: #7496293
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.