1020 Barnett Pl Athens, GA 30605
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About this home
Discover this unique 4-bedroom, 3.5-bath home nestled on a beautiful, oversized lot in Oconee County! From the moment you arrive, youll appreciate the charm and functionality this special property offers. Inside, youre greeted by stunning hardwood floors and a spacious open-concept living and dining area-perfect for both everyday living and entertaining. The kitchen is a chef's delight, featuring granite countertops, stainless steel appliances, and abundant cabinet space. A convenient half bath, laundry room, and a generous main-level owner's suite with a walk-in closet and double vanity complete the first floor. Upstairs offers two large guest bedrooms, a full bathroom, and a versatile bonus room-ideal as a fifth bedroom, media room, or playroom. The finished basement adds incredible flexibility with a private bedroom, full bath, and a large flex space that could serve as a home office, gym, or secondary living area. With its own exterior entrance and path to the driveway, the basement is perfectly suited for a potential in-law suite or income-generating apartment-just add a kitchenette! Additional highlights include a 2-car garage equipped with an electric vehicle charging station, a large 2-tiered back deck for outdoor gatherings, and a charming front patio. A wired storage building adds even more possibilities-it could serve as a workshop, home office, or creative space for the kids. Access to the Oconee River can be found directly across the street. This is more than a home-its a lifestyle opportunity in a beautiful natural setting, ready to create lasting memories. Don't miss your chance to make it yours!
Source: GAMLS #10579604
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FAQs
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.