2540 Woodford Ln Buford, GA 30519
Your savings
About this home
This pet-free, non-smoking, one-owner-occupied home for sale in Unincorporated Buford, GA, offers quiet comfort and peace of mind, making it an ideal choice for busy individuals looking at homes for sale in the Metro Atlanta Area. Located in northern Gwinnett County, GA, this property is just minutes away from I-85, mass transit options, the Mall of Georgia, COOLRAY Field, The Exchange at Gwinnett, award-winning parks, schools, dining, and shopping destinations, and more. It's a four-bedroom, two-and-a-half-bath Craftsman-style traditional property that features an open floor plan on the main level, flex space with a closet and door, a breakfast area, and a formal dining room. The height in most rooms is around ten feet, which allows for affordable seasonal comfort. The garage is 380 square feet and provides ample space for two full-sized SUVs, as well as storage space on the installed shelves. Space is also available for storage in the garage attic, as well as a backyard shed and a second-floor attic. The second-floor laundry closet measures over six square feet with shelves, providing ample space for an oversized washer, dryer, and clothes baskets. This property features a newer roof, a newer, super-quiet TRANE HVAC System, newer smoke detectors, newer GFCI electrical outlets, and newer, quiet GENIE Garage Door Openers with rolling code technology that prevents random openers from activating them. It offers a new RHEEM Water Heater that quickly delivers hot or warm water to the new WHIRLPOOL Dishwasher, other appliances, and plumbing fixtures. Home technology in this property includes a hard-wired security system, a front-door video doorbell that rings the indoor wall chime, and HONEYWELL Smart Thermostats on the main and second levels. The professionally installed rooftop antenna feeds several over-the-air channels through the cable wall jacks, providing a wider range of entertainment and information options with fewer visible wires. Spectrum and AT&T Fiber offer reliably fast speeds, allowing owners to stream their favorite cable channels, connect smart devices, compete in gaming, and get things done simultaneously. Multiple nearby cell towers provide robust 5G service as an additional option in rare instances of neighborhood internet outages. The property faces east, allowing owners to enjoy abundant morning sunlight in the front and plenty of afternoon daylight in the backyard. The large, partially fenced, and wooded backyard provides privacy, making it an ideal space for outdoor enjoyment. The mostly level lot is easier to maintain and enjoy, and it is treeless for enhanced pest control. The lighted, partially tree-lined sidewalks along the county neighborhood roads to the property are ADA-compliant, allowing more residents and their pets to navigate the community safely. One of those streetlights brightly illuminates the front of the property at night, providing added security during early morning walks to the school bus stop just a few houses south. Owners can rent the charming neighborhood clubhouse, which features a TV, a large gathering area, a kitchen, ample parking, and enjoy the pool and tennis courts. The appliances and systems have been recently updated to promote affordable and efficient living. Gather your home decor ideas and imagination, and arrange a property tour today.
Source: FMLS #7621430
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.