Welcome to 58 Post Oak Circle, a hidden gem nestled on a private 1.64-acre wooded lot in the peaceful community of Crawford, Georgia. Offering the absolute best of both worlds, this property provides the quiet confidence and community feel of a neighborhood setting, but with the ultimate freedom of having no HOA! If you have been searching for the perfect blank canvas to craft your bespoke dream home, this single-story, three-bedroom, two-bathroom property is an incredible opportunity. Bursting with potential and classic Southern charm, waiting for a visionary buyer to put their personal stamp on it and bring it back to its full glory. From the moment you arrive, you are greeted by a massive covered front porch that gracefully spans the entire length of the home. Imagine starting your mornings here in a rocking chair, enjoying the tranquil, wooded surroundings with a cup of coffee. Step through the front door into a warm and inviting living room that perfectly balances open-concept living with cozy comfort. The space is anchored by a magnificent stone wood-burning fireplace, providing a striking focal point for family gatherings and cool autumn evenings. The living room seamlessly overlooks the dining area and a large, accommodating kitchen. Designed with family in mind, the kitchen features L-shaped back cabinetry that provides excellent storage while leaving plenty of room to add a rolling island. A generous peninsula serves as the perfect casual dining spot, ideal for kids eating breakfast before school or guests chatting with the home's chef. Just off the kitchen, you will find a deep laundry room offering wonderful utility space, as well as a convenient side door that leads out to the detached two-car garage and an additional two-car parking pad. Down the main hallway, the home's layout provides excellent privacy and flow. Off the front of the hall are two large secondary bedrooms, bathed in natural light and sharing a full bathroom situated at the end of the hall, complete with a classic shower/tub combo. Tucked away at the back of the home is the generously sized primary suite. This private retreat features a walk-in closet and an attached full bathroom with a tub and shower combo. This property is the seamless indoor-outdoor lifestyle it offers. Both the kitchen area and the primary suite feature doors that lead directly out to an oversized back deck that, just like the front porch, runs the entire length of the home. This expansive outdoor living space is begging to be transformed into an entertainer's paradise, overlooking your backyard. Location is everything, and this home delivers. You will enjoy the serenity of country living while being just a short drive from the local grocery store and everyday conveniences. Plus, it's just a quick jump over to neighboring Winterville, Arnoldsville, Lexington, and the vibrant dining, shopping, and entertainment hub of Athens. Bring your imagination to 58 Post Oak Circle is ready to be transformed into your ultimate Southern haven.
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.
