Completely Renovated Farmhouse on 2.43 Acres If you've been searching for a property that combines modern updates, usable acreage, privacy, and country charm, your search may be over. Nestled beneath beautiful mature hardwood trees in the desirable Orchid Hill area, this completely renovated 1960's farmhouse sits on approximately 2.43 acres and offers the kind of lifestyle buyers are struggling to find in today's market. From the moment you pull down the long private driveway, you'll appreciate the peaceful setting, expansive front pasture, and welcoming rocking chair front porch that instantly makes you feel at home. The home features 3 spacious bedrooms, 2 full bathrooms, a large eat-in kitchen, cozy living room, and an oversized flex space that provides the versatility today's buyers are looking for. The flex room can easily serve as a formal dining room, home office, playroom, homeschool room, family room, media room, craft room, or workout space. Whether you're working from home, raising a family, entertaining guests, or simply wanting room to spread out, this home adapts to your lifestyle. One of the biggest advantages of this property is that many of the major improvements have already been completed. Recent renovations and upgrades provide peace of mind and help reduce the costly projects many buyers face after closing. Features include updated flooring, fresh interior paint, a professionally upgraded foundation system, new vapor barrier, transferable lifetime warranty on foundation improvements, and move-in ready condition. Outside, the fully fenced front pasture offers endless possibilities for gardening, recreation, hobby farming, small livestock, chickens, outdoor gatherings, or simply enjoying the privacy and open space that comes with owning your own piece of Georgia countryside. Located in the highly sought-after Orchid Hill area of South Spalding County, you'll enjoy the tranquility of country living while maintaining convenient access to Griffin, shopping, restaurants, schools, and major commuting routes. Approximately 20-25 minutes from Interstate 75, making travel to Atlanta, McDonough, Jackson, and surrounding communities convenient and accessible. Finding a completely renovated farmhouse with acreage, usable land, mature trees, flexible living space, and major system improvements already completed is becoming increasingly difficult. 1887 Green Valley Road offers the rare combination of affordability, functionality, privacy, and charm that today's buyers have been waiting for. Schedule your private showing today and experience all this property has to offer.
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.
