557 Hidden Pines Ct Hiawassee, GA 30546
Your savings
About this home
HUGE PRICE IMPROVEMENT! Stunning Mountain views, walking path to the lake and 2 homes. The estate consists of a total of 6 free-standing buildings. The 2/2.5 main house, the 2/1 guest house, a 12 x 14 hobby hut, lined with floor-to-ceiling shelving, a utility shed, a two-car garage and gazebo. end of the road PRIVACY on 2 lots, property offers year-round, clear views of Bell Mountain from the decks of both homes. TVA-owned land borders the property on two sides, enhancing both privacy and tranquility. The main house features a 1st floor master bedroom and bath, complete with a separate sitting area, creating a spacious, comfortable retreat. The kitchen is big enough to accommodate multiple cooks, offering a generous wood-shelf pantry, an eat-in dining area, and a half bath. Every aspect of the home is "family-sized," giving ample space for gatherings and daily living. A large, naturally bright living room with wood flooring and a built-in entertainment center with fireplace forms the heart of the home. A 4 panel slider with decorative transom lead out to the wrap around deck with of low-maintenance TREX flooring. Leaving more time for you to enjoy that breathtaking panoramic mountain view. The same no-maintenance decking is found on all decks and stairs, plus all 6 buildings have approximately 5-6 years new copper metal roofs. The finished lower level has 2 rooms large enough to create a "mother-in-law" suite. The 2nd bedroom boasts a private entrance to the covered porch, a gas fireplace, built-in wood cabinetry with drawers and full bath. The space also includes a versatile bonus, family, or game room, perfect for relaxation, entertainment or 2nd kitchen and living area. That's just the main house! The 2/1 guest house has a stunning view, wrap around screened and open balcony, full kitchen, open to living area and stacked W/D. Buy it for you and your family. Rent the cabin to reduce the mortgage payment. So much to say, so little space. Come see it for yourself!
Source: GAMLS #10578778
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.