6074 Locklear Way Douglasville, GA 30134
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About this home
Welcome to 6074 Locklear Way - Your Dream Home Awaits! Come discover timeless elegance and modern comfort in this spacious 5-bedroom, 4-bathroom home, ideally located in the heart of Douglasville, GA. Nestled in a peaceful and well-established lake community, this property offers the perfect blend of style, space, and potential. Upon entering, you're greeted by a spacious foyer leading to a bright and inviting main level, which features a full hall bathroom, formal dining room with classic touches, a sitting room, a guest room with a full bathroom, a large family room anchored by a cozy fireplace, and a gourmet kitchen is a chef's dream, complete with stainless steel appliances, granite countertops, a center island, and plenty of cabinetry. An inviting breakfast area overlooks the private backyard - perfect for morning coffee! The home offers five generously sized bedrooms, including a luxurious oversized primary suite with a tray ceiling, sitting area, and a spa-like ensuite with double vanities, a soaking tub, and a separate walk-in shower. Additional bedrooms are well-appointed with ample closet space, and there's a convenient guest suite with a full bath on the main floor. Need more room? See one of the major highlights of this home which is the basement. The full, unfinished basement presents endless possibilities - whether you envision a home theater, gym, additional living quarters, or custom workspace. It's a blank canvas waiting for your personal touch! 6074 Locklear Way is more than just a house - it's a place to call home. Whether you're looking for space to grow, entertain, or relax, this home offers it all with room to expand even further. Located just minutes from shopping, dining, schools, parks, and easy access to I-20, 6074 Locklear Way combines suburban tranquility with unbeatable convenience. Don't miss the opportunity to make this beautiful property your own. Schedule your private showing today!
Source: FMLS #7662804
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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.