1987 Crook Rd Lincolnton, GA 30817
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About this home
Discover the serene lifestyle you've always dreamed of in this stunning 5-bedroom, 3-bathroom home nestled on 11.42 acres of picturesque land. Spanning 2,432 sq ft, this nearly new home (only 3 years old) offers abundant open living space, perfect for both relaxation and entertaining. Enjoy outdoor adventures on your own property with trails for walking, riding, or even hunting. Step inside to find a thoughtfully designed split-bedroom floor plan. The spacious Master Bedroom, located on one end of the home, features a luxurious en-suite bath complete with a garden tub, walk-in shower, and an expansive walk-in closet. The oversized living room seamlessly connects to a generous kitchen, equipped with an island perfect for quick meals and a bright dining area that overlooks the rear deck and expansive backyard-ideal for gatherings and outdoor fun. Relax in the cozy family room, which is conveniently located near two additional bedrooms that share a well-appointed Jack and Jill bathroom. The third bathroom, situated at the rear of the home, serves perfectly for guests or can be accessible for the other bedrooms. One of the remaining bedrooms offers versatility and can easily be transformed into a she-shed, or man cave to suit your needs. Conveniently located just minutes from Lincolnton city limits and a short drive to historic Washington, GA, this property combines the tranquility of country living with proximity to urban amenities. Don't miss your chance to experience country living at its bes
Source: GAMLS #10590250
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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.