120 Masters Way Kingsland, GA 31548
Your savings
About this home
Discover a truly unique opportunity to own an expansive, estate-sized property right in the heart of Kingsland, Georgia. This beautifully maintained 4-bedroom, 2-bathroom home is situated on approximately 2 acres, with a full acre already cleared, meticulously maintained, and completely fenced for privacy and security. The property features an automated gate entrance at the driveway, providing both elegance and ease of access. This home offers upgrades galore designed for modern convenience and peace of mind. Never worry about a power outage with the whole-house Generac generator. The property is equipped with a security system and an incredible hot & cold outdoor dog wash-perfect for pet lovers! Enjoy peaceful evenings on the screened-in back porch. Storage is a breeze with a spacious 3-car side-load garage and an attic elevator for effortless access to seasonal items and more. Inside, you'll be greeted by durable wood-look tile floors. The smart split floor plan ensures privacy, with a spacious primary suite serving as a true retreat. This luxurious suite features a walk-in tile shower, soaking tub, a double vanity, and elegant granite countertops. The central location of this Fairways Edge estate is absolutely key! You'll be just a few short miles from Laurel Island Links for a round of golf, I-95 for easy commuting, Kings Bay Naval Base, and all your essential grocery stores. Best of all, you can embrace the local lifestyle by taking your golf cart just a few blocks away to enjoy a meal at Karv Bistro or grab a drink at Bogey's Bar and Grill! Don't miss out on this rare blend of space, luxury, and prime location. Schedule your showing today! Sellers are requesting closing to be the end of November.
Source: GAMLS #10621073
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.