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3107 Q St, Richmond, VA 23223
3 beds · 3 baths · 1,728 sqft
** Seller Offering $5000 for closing expenses** This sunny and bright detached 2006 Church Hill home has been refreshed for sale and was originally built to be low maintenance.and energy efficient. Freshly painted throughout. FIRST FLOOR: Large living area, open concept floor plan with spacious kitchen/dining area. 1/2 bath, 2 pantry/closets, new SS appliances, new front and back insulated doors, light fixtures and ceiling fans. Brand new flooring throughout the first floor as well. SECOND FLOOR: Three spacious bedrooms with large closets. The primary suite w/full bath is at the rear of the home. There is also an upstairs laundry with a full sized front loading GE washer/dryer. Freshly shampooed wall to wall carpet and a spacious hall bathroom complete the picture. This is a spacious home with approximately 1725 sq ft of living space to spread out. Neighborhood restaurants such as Union Market, The Roosevelt, Alewife, Metzger, Liberty Public House, Hill Cafe, and Grisette are all close by. Enjoy Libbie Hill, Chimborazo Park, and all that makes this neighborhood so in demand. and Chimborazo Parks nearby. Rear yard with brick patio and off street parking for one car. This home is priced to move quickly and is in turnkey condition.
Source: CENTRALVIRGINIA #2514417
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 #2514417
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
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