6801 Louis Dr, Locust Grove, GA 30248
5 beds · 5 baths · 3,440 sqft
PRICED LESS THAN APPRAISAL (see associated docs). Situated on the golf course in Heron Bay, this ever-popular Riverton plan is now being offered for sale by its original owner. Only a few years old, this home has been impeccably maintained, has a beautiful designer feel, and is move-in ready for the new homeowners. On the main level, this plan features a parlor/study, formal living room, powder room, and an incredibly impressive great room w/cozy fireplace opening into a sophisticated chef's kitchen! Dazzling light fixtures. Just off the kitchen is the covered patio overlooking the golf course! After all, why live in a golf community unless you can enjoy the beauty of the course while relaxing on your own patio! Exclusivity! AND, not to be forgotten, is that there is a secondary bedroom with private bath, uniquely nestled on the main level such that it can be accessed from either the home's front entry or thru the garage. Just perfect to allow privacy for all. Speaking of privacy, the owner's comfortably inviting ensuite featuring a gorgeous master bath is on the upper level just off the loft area while the other three bedrooms and two baths are on the opposite side of the loft! But there's more ... when you buy in this community, you are also buying a lifestyle. COME HOME TO HERON BAY GOLF & COUNTRY CLUB, south Atlanta's premiere resort-style community, featuring unsurpassed amenities for its residents! There's an amazing aquatic center featuring a zero entry pool w/rain mushrooms for the little ones, a splash pool with dual slides, and a Jr. Olympic swimming pool! For those who prefer a less active swim complex, there is also a more intimate swimming pool centrally located in the community. There are tennis courts, pickleball courts, and nature trails, all in addition to the Lakefront Pavilion, the community's most popular spot for events such as Music in the Park and family picnics. The pavilion is located on the 1100-acre Cole Reservoir - just perfect for kayaks, canoes, and paddle boats. In addition to all the above which is available to our residents, Green Valley @ Heron Bay offers several packages for club membership in its beautiful, well-maintained, 18-hole golf course - and there are also other courses in the GV group that are available for member play. Heron Bay has a very active Homeowners Association which includes an active social program - game night, wine tastings, movies, food trucks, and music. But not to forget the children, there are also Easter Egg Hunts/Parties and Santa visits for the children! MAKE EVERY DAY A HOLIDAY - Located just south of Atlanta, this home is definitely a "must see."
Source: FMLS #7537127
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Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: FMLS #7537127
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.