Available now is this exceptional estate offering 5 bedrooms, 5.1 bathrooms, a 3-car garage, and a full finished walkout basement situated on a breathtaking 1.7-acre wooded lot. Surrounded by mature trees and picturesque natural scenery, this home offers a rare combination of privacy, tranquility, and everyday luxury. Expansive windows throughout the home capture beautiful views of the surrounding landscape, creating a seamless connection between indoor living and the beauty of nature. Whether enjoying your morning coffee in the sunroom or relaxing by one of the home's fireplaces, you'll appreciate the peaceful setting and ever-changing seasonal views that make this property truly special. A dramatic two-story foyer welcomes you into the thoughtfully designed open-concept floor plan. The heart of the home is the stunning sunroom, surrounded by walls of windows that frame picturesque woodland views and flood the space with natural light year-round. The gourmet chef's kitchen features a massive center island, granite countertops, a resurfaced fireplace, butler's pantry, and abundant cabinetry, seamlessly connecting the indoor living spaces to the beauty of the outdoors. The impressive two-story family room features a floor-to-ceiling brick fireplace and soaring windows that bring the surrounding landscape inside, creating a warm and inviting atmosphere. A first-floor bedroom with a full bath offers excellent flexibility for a home office, guest suite, or in-law arrangement. All new light fixtures throughout the home provide a fresh, updated feel. The spacious primary suite serves as a private retreat, featuring a cozy fireplace, picturesque views of the surrounding landscape, and a spa-inspired bath with dual vanities, a walk-in shower, soaking tub, and a generously walk-in closet with additional storage space. Three additional bedrooms are located on the second level, including one with a private en-suite bath. An additional hall bath is thoughtfully designed with dual vanities and a separate room housing the shower and toilet, allowing for added privacy and convenience. The full, finished walkout basement provides endless possibilities, featuring a fireplace, full bathroom, kitchenette, multiple recreation areas ideal for a game room, fitness area, media room, or additional family room, plus extensive storage space. Direct stair access to the garage adds convenience and functionality. Move-in ready and exceptionally maintained, this home offers a unique opportunity to enjoy luxury living surrounded by nature, privacy, and scenic beauty. Bankruptcy sale. Property is being sold "As-Is, Where-Is." Court approval required.
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.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
