529 Napier Rd Lawrenceburg, TN 38464
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About this home
Step into this beautifully renovated log home on 3.4 acres, offering the perfect blend of rustic charm and modern luxury. Featuring a spacious 2-story addition, updated electrical, plumbing, and sewer systems, and a newly added first-floor bedroom, this home has been designed for comfort and functionality. Enjoy two renovated kitchens (ideal for an in-law suite), new laminate and lifetime flooring, and a custom-built, insulated hobby room for year-round enjoyment. The outdoor space is a true oasis with a massive two-story deck, covered front deck, ample room for an above-ground pool, and a wood storage shed. Nature lovers will adore the nearby wildlife—whitetail deer, turkeys, and more—while the property's proximity to the Natchez Trace Parkway, NACO Resort, and TWRA Laurel Hill Wildlife Management Area offers endless outdoor adventures. The 3-car detached, insulated garage with electricity, water, and office space, plus a 14x24 storage shed, provide ample room for hobbies, projects, and storage. With fruit trees (peach, pear, and apple) and grapevines, you can enjoy fresh, homegrown produce right from your yard. Eco-friendly upgrades include new HVAC, solar panels, a water softener system, and a 200-amp electrical system. A large fenced lot with a 200-amp system and quick disconnect offers potential for a second home or barn. Recent upgrades also include a new front porch, wrap-around deck, new soffits and facia, and new exterior and storm doors with built-in blinds. Whether you’re an outdoor enthusiast, need extra space for family, or are seeking your own slice of paradise, this home has it all—schedule your tour today!
Source: REALTRACS #2958434
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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.