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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
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New Listing - Gated Community

$149,900

Photo of 110 Cambridge Drive, Athens, GA, 30606.

Front : Front

Address: 110 Cambridge Drive	City/ST: Athens, GA	Zip Code: 30606
Property Type: Single Family Home	New or Resale: Resale	Bedrooms: 3
Bathrooms: 2 full, 1 half	MLS# 912867	Property Tax: 1759
Monthly Rent Estimate: $

This 3 bedroom 2.5 bath home is located in a gated community in Athens, Georgia, the home of The University of Georgia. The 2 story home has a formal dining room, great room and living room. The master bedroom is large and the master bath features a garden tub and separate shower. The home is located on the 15th fairway of Jennings Mill Golf Course.

Last Updated: 10/26/2009 11:35:15 AM

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Financing Your Home >Assuming a Mortgage

You may be able to assume the seller's mortgage liability when buying a house instead of having to apply for a new loan.

Assuming a loan could minimize your down payment or closing costs and get you a more advantageous interest rate. To know whether an assumption will work, find out the loan balance. If the balance is a small fraction of the purchase price, you will have to come up with a large down payment or get a second loan for the difference, unless the seller is willing to provide some of the financing. If the loan balance is high, the loan may have been made when interest rates were higher than they are today.

Most newer loans that are assumable have adjustable rates. If you are considering an assumption because of credit problems, you will need the lender's approval to make the transaction work.

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Q	What was the greatest land grant ever given to an English subject?
A	William Penn arrived in October, 1682, to take over his enormous grant that later became Pennsylvania and Delaware.
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Jim Clauser, REALTOR�, real estate agent and broker for Athens, Watkinsville and Colbert, Georgia home listings, property and land for sale - NUMBER1EXPERT

Jim Clauser
RE/MAX Associates Athens - Oconee, Inc.
1055 Baxter Street
Athens, Georgia 30606
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