Tucked away in the scenic foothills of North Georgia, this exceptional 2-bedroom, 2-bath retreat on 10.99 unrestricted acres offers a rare combination of privacy, opportunity, and lifestyle. Properties with this much usable land are becoming increasingly difficult to find-especially in such a desirable location-and this one is truly special. Built in 2018 and meticulously maintained, the home is in excellent condition and is being sold fully furnished, making it completely move-in or rental ready from day one. Whether you're looking for a peaceful full-time residence, a weekend escape, or a turnkey investment, this property checks every box. With its cozy yet functional layout, it would make an ideal Airbnb or short-term rental, already set up for immediate use. One of the most unique features of this property is that the land has already been surveyed into two separate parcels, offering incredible flexibility. Keep it as is for a private estate, or take advantage of the layout by building your dream home on one parcel while living in-or renting out-this charming home on the other. With ample space, this property also lends itself beautifully to a family compound or multi-generational retreat. Outdoor enthusiasts and travelers will appreciate the added convenience of an RV hookup, making it easy to host guests or enjoy extended stays. The acreage itself is a perfect blend of privacy and natural beauty, featuring both a spring and a creek, creating a serene setting and enhancing the property's charm and recreational potential-ideal for gardening, trails, exploring, or simply enjoying the peaceful sounds of running water. Located in a highly sought-after area, you're just minutes from local wineries, apple barns, and scenic mountain attractions, with easy access to both Ellijay and Jasper for dining, shopping, and everyday necessities. If you've been searching for a rare combination of land, location, and lifestyle opportunity-this is it. Don't miss your chance to own a truly versatile North Georgia mountain property.
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.
