A breathtaking 6-bedroom, 5.5-bath executive estate where timeless traditional architecture meets refined modern farmhouse elegance, this extraordinary residence is a showcase of luxury, comfort, and intentional design in one of Buford’s most sought-after communities. From the moment you arrive, the stately presence and curated details set the tone. Step through the dramatic wrought iron front door into a grand two-story foyer that immediately impresses with scale and sophistication. Flanking the entry is a richly appointed private office featuring a crafted fireplace—ideal for executive work-from-home living—and an elegant formal dining room designed to graciously host 12 or more guests. Just beyond, an expansive formal library and living room invites intimate gatherings while offering picturesque views and abundant natural light. At the heart of the home, the renovated kitchen blends elevated finishes with functional luxury, creating a seamless flow into the main living areas—perfect for both refined entertaining and elevated everyday living. Designer surfaces, stylish details, and top-of-the-line upgraded light fixtures throughout the home create a warm, curated ambiance that feels both inviting and upscale. Fresh interior paint enhances the bright, airy aesthetic, while plush new carpet adds comfort and a polished finish across the upper levels. Upstairs, three expansive secondary bedrooms offer generous proportions and privacy, complemented by a spacious loft ideal for a media lounge, executive office, or playroom. An additional flex room on the upper level can easily serve as a fifth upstairs bedroom, bringing the total potential bedroom count to seven, including the terrace level. Thoughtfully enhanced for modern efficiency, the home features an added HVAC system for optimized performance, replacement of one of the three existing interior units, and upgraded energy-efficient blown insulation—ensuring superior climate control and long-term energy savings. The finished terrace level expands the estate’s versatility, perfectly suited for multigenerational living or private guest accommodations. This level includes a dedicated home gym, full bath, secondary laundry room, and a custom-designed in-law closet build-out, offering both luxury and livability. Outdoors, discover a true resort-style sanctuary. The private backyard oasis is designed for elevated entertaining and serene relaxation, featuring a screened-in deck, covered patio with mounted television, and a stunning saltwater pool with elegant water fountains. Professional landscaping, ambient lighting, and wrought iron fencing enclosing the private side courtyard create a picturesque and secluded retreat. This remarkable Buford estate delivers luxury upgrades, energy-efficient enhancements, expansive living spaces, and resort-inspired outdoor amenities—an exceptional opportunity for discerning buyers seeking sophistication, privacy, and elevated living in Gwinnett County.
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.
