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3512 Len Hart Ln, Fredericksburg, VA 22408
3 beds · 1 baths · 960 sqft
Nestled in a serene and private country setting, this charming 3-bedroom, 1-bathroom home offers the perfect blend of comfort and convenience. Located just 14 minutes from the highway, you’ll enjoy a peaceful retreat while still being close to shopping and major roadways. Step inside to find a cozy living room and all three bedrooms featuring beautiful wood floors that add warmth and character throughout the home. The spacious living area is complemented by ceiling fans in two rooms, ensuring comfort year-round. The updated kitchen boasts oak cabinets, an electric stove, and a sheet linoleum floor, providing both functionality and charm. For added convenience, the home comes with a newer washer and dryer, and the full bath includes a bonus vanity for extra storage space. Recent upgrades include a brand-new water heater, as well as updated electrical lines from the wall to the breaker box, ensuring peace of mind for years to come. Most of the windows have been replaced with newer energy-efficient ones, further enhancing the home’s comfort and efficiency. The home features a walk-in crawlspace, where you'll find newly installed water heater. The property is equipped with a water purification system.While the private backyard offers plenty of room to enjoy nature, please note that the wood deck needs replacing and should not be walked on. The fascia boards are in good shape, although the roof may require some repairs. The home also needs new gutters, and one soffit area has come through. Newer septic system installed. HVAC system is currently not working. This home is a fantastic opportunity for those seeking a fixer upper. Sold as is
Source: BRIGHT #VASP2033660
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: BRIGHT #VASP2033660
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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