Price improvement! 2.5 acres of cleared, unincorporated land — hunt your own property, no HOA, privacy and endless possibilities minutes from Milton, Alpharetta & Canton. If you've been searching for land, privacy, and the freedom to create your own vision — this is the one. This quaint farmhouse sits on a beautifully cleared 2.5-acre property and offers the perfect balance of peaceful country living with easy access to nearby conveniences. Because the property is unincorporated and free of HOA restrictions, you have the freedom to truly make it your own — and that includes hunting right on your land. A deer blind is already in place and ready for the season, so you can enjoy the wildlife and the wide-open space from day one. The screened enclosed deck in the back is the perfect spot to sit, relax, and watch deer and other wildlife move through the property in the evenings. The home features a durable metal roof, laminate floors throughout, and three bedrooms on the main level with minimal steps for comfortable everyday living. Recent updates add both style and value: brand-new quartz countertops, new cabinets, a new garage door, durable garage floor-tech flooring, and a freshly painted exterior. The interior of the enclosed deck has also been refreshed, creating a bright and inviting additional living space. This property has a SEPARATE basement room and bathroom with its own entrance. It can be rented out, a teenage pad, or an inlaw suite. Use it any way you like. Step outside and enjoy the newly added open deck with built-in seating — perfect for relaxing evenings, entertaining friends, or simply taking in the beauty of your private property. The circular driveway and oversized two-car garage provide ample parking and all the convenience you need.All of this just minutes from Milton, Alpharetta, and Canton. Must see — endless possibilities await. ***All information is deemed reliable but not guaranteed and should be independently verified by the buyer. Schedule a Showing Today!
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
