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11905 Lerade Ct, Glen Allen, VA 23059
6 beds · 7 baths · 7,335 sqft
Just across Wyndham Lake from the Dominion Club sits a stunning Georgian designer showcase home, previously featured on HGTV, that makes an unforgettable first impression. Nestled atop a circular drive on one of only two coveted water and golf course view cul-de-sacs in the prestigious Dominion View Estates, this home offers classic 4-sided brick construction with traditional design elements. But don’t let the exterior fool you - this home is full of surprises. If you’ve been frustrated with cookie-cutter homes and are looking for something unique, your search ends here. Offering all the WOW factor of custom new construction, this home has been thoughtfully reimagined, incorporating design elements from the owners' extensive travel and study of space utilization. Every square inch of the original footprint has been maximized to its highest and best use. The home is fully automated with Control4, giving you remote control over everything from video/security systems, audio/speakers throughout the home and exterior, lighting, appliances, and more. The professionally designed mature landscaping creates a private oasis surrounding an extraordinary outdoor living space, featuring a full kitchen, gas fireplace, multiple travertine patios with stunning views of the pool and lake, as well as a luxurious outdoor shower, bathroom, and poolside laundry/changing room. There are simply too many features to list here, so please refer to the supplements for more details. If you're looking for a truly spectacular home that stands out from anything else in the area, come see this one ASAP. 11905 Lerade Ct - proving once and for all that suburban living does NOT have to be boring!
Source: CENTRALVIRGINIA #2515539
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: CENTRALVIRGINIA #2515539
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 620, 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.
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.
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.
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