206 Susans Rd Gaffney, SC 29341
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About this home
Stunning Private Log Cabin Estate on 11+ Acres with Creek, Detached Shop & Endless Possibilities - Escape to your own private retreat with this breathtaking log cabin estate! Nestled on over 11 acres of open and wooded land, this property offers complete privacy, scenic beauty, and versatile outdoor space. A creek meanders along the back of the property, adding charm and tranquility to your estate. Built in 2009, the main log cabin exudes rustic elegance with two spacious main living areas, perfect for entertaining or relaxing with family. The main level includes a living room, dining area, and a gourmet-style kitchen that opens to a breakfast area, which flows directly onto a large 34 ft covered back porch. Enjoy morning coffee or evening sunsets while taking in the view of the open yard surrounded by majestic, mature trees. The owner’s suite on the main level is a private sanctuary, featuring a full bath with a large walk-in shower, double vanity, private water closet, and generous linen closet. The lower level is perfect for extended family or guests, offering two additional bedrooms, a fully equipped kitchen, dining area, laundry room, and ample storage space. It's an ideal setup for in-law suite living, rental potential, or a private guest retreat. Outdoor amenities are equally impressive. The property features a detached shop with power, a dream for any hobbyist, woodworker, or "man cave" enthusiast. With plenty of land for horses, a working farm, gardening, or simply exploring, this estate provides endless possibilities for enjoying the outdoors and staying active. Whether you’re walking the trails, relaxing by the creek, or simply enjoying the peace and quiet, this property allows you to get off the grid while still enjoying modern comforts. Truly a rare find, this log cabin estate combines rustic charm, outdoor living, big beautiful SHOP, and privacy in one stunning package. Perfect for anyone seeking privacy, land, and room to live freely! Endless possibilities await—bring your horses, start a working farm, or grow your dream garden. NO HOAs...enjoy your Estate! Well water!
Source: GREENVILLESC #1574943
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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.
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