85 Meadows Rd, Newborn, GA 30056
4 beds · 2 baths · 1,525 sqft sqft
Additional photos coming soon! Welcome to this neat, well-kept property in a peaceful country setting! The property sits on a level 2.43 acres of possibility! It boasts a one-car garage and a large lovely front yard with an extended paved driveway to handle additional parking for multiple vehicles. The cute front porch area is a nice spot for a couple of chairs, and perfect for displaying your favorite potted plants or outside decor. The private fenced backyard is a great space for whatever outside activities you enjoy doing. Through the front door, there's an inviting split foyer entry great for displaying your artwork, photos, or personal decorations. Proceed up the stairs to the main level to find two nice sized bedrooms, a full bath with a tub/shower combo, and a comfortable open concept living room/kitchen area. The kitchen is equipped with an oven/range combo and a dishwasher. (The owner will be taking the refrigerator.) On the ground level, you'll find two more nice sized bedrooms, a laundry closet, and another full bath with a tub/shower combo! The square footage in the house has been nicely appointed and provides ample storage spaces for your family items. The back yard is accessible from both levels. The back deck needs a touch of love, but it's a perfect spot for a grill or smoker. This property is priced to sell quickly! Come check it out!
Source: FMLS #7442962
Source: FMLS #7442962
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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?
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?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #7442962
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.