192 Brookwood Dr Blairsville, GA 30512
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About this home
EVENT VENUE! PRIVATE, YET CONVENIENT on over 5 ACRES! PERFECT FOR ENTERTAINING! 5 bedroom, 6.5-bath home once served as a BED AND BREAKFAST, offering SPACIOUS ROOMS throughout.The huge entry FOYER. Gourmet kitchen with double ovens and breakfast room. Enjoy cozy evenings in the family room or in the large dining room and living room, each featuring its own fireplace-one propane, one wood-burning. Laundry room off kitchen in mudroom. Envision the possibilities when you add your exact tastes and personal touch to this QUALITY-built BEAUTY, The terrace level includes a large game room w/ wet bar, a bedroom, office and 2 bathrooms, (Potential for COMPLETELY SEPARATE APARTMENT). Upstairs, you'll find 4 bedrooms and 3 bathrooms arranged in 3 SEPARATE SUITES, providing ample privacy and comfort. Step outside to a fantastic in-ground pool and a large party deck, perfect for gatherings. Additionally, there is a target practice range, an attached two-car garage, and a large detached SHOP( 3 car garage) equipped with heat, a sub panel and central vacuum system. Very mild restrictions to protect your investment. This PRIVATE RETREAT sits on over 5 acres, offering peace and tranquility while being very CLOSE TO TOWN. Don't miss this opportunity to own a unique, expansive property with LAND for additional Building or EVENT Barn. (FOR VETERANS: Assumable VA loan 2.75% on large part of the purchase.)
Source: GAMLS #10420879
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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.