2.5 Acres of cleared land: Privacy, Possibility, and No HOA – 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 is situated on a beautifully cleared 2.5-acre property, this charming ranch offers the perfect balance of peaceful country living with easy access to nearby conveniences. The home features a metal roof, laminant floors throughout, three bedrooms on the main level, and minimal steps for comfortable everyday living. Recent updates add both style and value, including 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. Step outside and enjoy the newly added open deck with built-in seating, perfect for relaxing evenings, entertaining friends, or taking in the beauty of your private property. Has a beautiful enclosed deck fully screened to sit out and watch all the wildlife in the backyard. The circular driveway and oversized two-car garage provide ample parking and convenience. MUST SEE THIS PROPERTY! ENDLESS POSSIBILITIES Downstairs, the finished basement room with its own private exterior entrance and full bathroom offers incredible flexibility. It’s ideal for a teen suite, in-law space, nanny quarters, private office, or guest retreat. Basement has heating and air and LVF flooring in the extra room. Also, bring your chickens! There is a nice coop already in the back for them. The real star of this property is the land. With no HOA, you have the freedom to bring your horses, chickens, or simply enjoy wide-open space. The property offers endless opportunities to expand, add on, build a workshop, or create your dream outdoor retreat. All of this and you get to be apart of the highly sought-after Creekview High School district and benefit from lower Cherokee County taxes. A rare opportunity to own acreage, privacy, and potential in one of North Georgia’s most desirable areas. ***. 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.
