433 Elliots Ln Dahlonega, GA 30533
Your savings
About this home
Welcome to your secluded haven at 433 Elliots Lane, Dahlonega, GA, where the fusion of nature and modern comfort creates the perfect backdrop for your new chapter. Tucked away in a peaceful cul-de-sac, this recently renovated 5-bedroom, 2-bathroom ranch-style home with an unfinished basement offers the serenity and privacy you crave. On a spacious 1.59-acre lot, this property provides a harmonious blend of grassy expanses and wooded areas, crowned by your very own clear creek. Imagine relaxing on the expansive back deck, enjoying unobstructed views of your private nature retreat, a gateway for memorable family moments and tranquil solitude for serene personal reflection. Step inside this move-in-ready gem to an inviting open-concept living area, a separate formal living room perfect for cozy evenings, and a versatile fifth bedroom that can easily transform into your home office or playroom. Bring your toys and tools and store them in the separate shed. Envision the future possibilities with the nearly 750 square feet unfinished basement, accessible through its entrance, perfect for a creative addition or multi-use space catering to renters or extended family. Perfectly positioned just a 15-minute drive from downtown Dahlonega and conveniently located near the new Publix, a hospital, and major routes like I-400, you'll find the balance between seclusion and connectivity. With generous parking and a private driveway, this property effortlessly blends convenience with unparalleled tranquility. Entrust your dreams to this property, where every element from nature's embrace to modern comforts coalesces to enrich your lifestyle. Whether you're an avid nature lover or seeking a peaceful family retreat, this property caters to every aspect of the lifestyle you envision. It's an unrivaled opportunity to claim your personal slice of Georgia tranquility. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. Photos & lot lines may be virtually staged to assist buyers in visualizing the property's potential. Contact the listing agent for more information or to schedule a private showing.
Source: GAMLS #10550762
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.