1 of 73
$1,499,000

297 Fairview Ct, Jasper, GA 30143

5 beds · 5 baths · 6,150 sqft

Welcome to The Luxe Bear Retreat in the exclusive Bent Tree community of Jasper, GA. This completely renovated and updated 6150 sq ft mountain retreat offers the perfect blend of luxury and rustic charm, making it an ideal sanctuary for those seeking a serene escape without sacrificing modern comforts. Perfectly positioned for residents from Buckhead or Atlanta looking to embrace the tranquility of mountain living, this home is a true gem. Property Features: This expansive residence boasts 5 spacious bedrooms and 4.5 elegantly designed bathrooms, providing ample space for family and guests. The main level and lower level bedrooms are essentially master suites, each featuring luxurious en-suite bathrooms and private screened decks, perfect for enjoying your morning coffee in peace. Meticulously remodeled with the finest finishes, every detail exudes sophistication and style. The architectural roof comes with a lifetime warranty, complemented by new seamless 6-inch gutters for optimal durability and peace of mind. The home features new Hardy Plank and shake siding, along with brand-new windows, enhancing both aesthetics and energy efficiency. Step inside to discover new appliances, custom cabinetry, and exquisite quartz stone countertops. The entire plumbing and electrical systems have been updated to the highest standards. Enjoy maintenance-free outdoor living with new Trek decks and an aluminum rail system on both levels. The lower deck features a relaxing hot tub and a cozy fire pit, while the upper deck offers ample outdoor seating areas and plenty of space for cooking and entertaining. Both decks are very large, providing generous space for gatherings and enjoying the breathtaking mountain views. The property also includes a cornhole court for additional outdoor fun. Cozy up by the new stone fireplaces, featuring modern inserts, adding warmth and ambiance to your living spaces. Stay comfortable year-round with two new HVAC systems and the highest quality luxury vinyl plank (LVP) floors throughout the home. Each bathroom features designer tile and frameless shower glass, creating a spa-like retreat for ultimate relaxation. All furnishings have been recently completed, ensuring a seamless move-in experience. The home is fully furnished and ready to entertain, offering everything you need for luxurious living from day one. A generator is included, providing reliable power backup for your peace of mind. Enjoy the efficiency and elegance of new LED lighting throughout the home. In addition to being a luxurious personal retreat, this property is an income-producing gem on vacation rental sites, commanding an average rental rate of $800 per night and comfortably sleeping 20 guests. This provides an excellent opportunity for generating significant rental income. Community Amenities: Bent Tree offers an array of amenities designed to enhance your lifestyle. Enjoy a 104-acre lake perfect for fishing, boating, and swimming, along with marina storage for your watercraft. The premier golf course provides an exceptional experience for golf enthusiasts. Dine and socialize at the on-site clubhouse featuring a restaurant and bar. Stay active with pickleball and tennis courts, or explore scenic hiking trails. The community also features horse stables, pristine swimming pools, and numerous activities and events that bring neighbors together. Location: Conveniently located just under 2 miles from a local winery offering delightful tastings and events, this home is easily accessible from Buckhead or Atlanta, making it the perfect mountain getaway. Experience the Charm of Mountain Living: Embrace the lifestyle you've always dreamed of in this perfect mountain retreat. Schedule your private tour today and discover why this luxurious Bent Tree home is the ideal choice for your next chapter. An adjoining 1 acre lot is also available.

Interest rate 3
3.8%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$1,005
With Roam
$1,315
Reduce your monthly payments by $310 when you assume this mortgage.
You also save $76,343 in total interest paid.

$1,327,399
Edit

You may be able to put down less than the total down payment amount of $1,327,399 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.
Location
Details
Home
Lot size
0.47 acres
Year built
1998
Type
Single Family Residence

Source: GAMLS #10348956

Loan
Remaining term
20 years, 6 months
Rate
3.8%
Monthly P&I
$1,005
Remaining loan balance
$171,600

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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.

What is an assumable mortgage?

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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.

Why is an assumable mortgage valuable?

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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.

How can you find assumable mortgage listings?

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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 “Get Notified” 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.

How do I qualify for an assumable mortgage?

expand content

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.

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Last updated: Dec 05, 2024 06:25 pm
Listing agent: Joseph Benedetto (678) 899-3630
Listing provided courtesy of:
Details provided by GAMLS and may not match the public record.
MLS ID: #10348956
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2024 GAMLS. All rights reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$1,005/mo
View details