420 Heronwood Ct
Purcellville, VA 20132
4 beds · 3 baths · 3,371 sqft
$765,000
Get prequalified420 Heronwood Ct
Purcellville, VA 20132
4 beds · 3 baths · 3,371 sqft
$765,000
Get prequalifiedPrice Improved! Under comps, don't miss out on this one! Beautifully updated home in one of Purcellville’s most sought-after neighborhoods! Located on a quiet cul-de-sac, this move-in-ready property offers modern upgrades, a spacious layout, and walkable access to shops, dining, trails, and more. Nestled in the Catoctin Meadows neighborhood of charming small town Purcellville, this stunning colonial offers a perfect blend of comfort and modern living. This property boasts an impressive 3,371 sq. ft. of finished space, featuring four generously sized bedrooms and two and a half baths. Step inside to discover an inviting open floor plan that seamlessly connects the family room to the eat-in kitchen, ideal for both everyday living and entertaining. The kitchen is equipped with modern appliances and granite countertops. Enjoy cozy evenings by the fireplace in the family room, or host formal dinners in the separate dining room. The main level also features a home office for ultimate functionality. The primary suite is a true retreat, featuring a large walk-in closet and a beautifully updated bathroom with a separate corner tub and walk-in shower. Additional highlights include beautiful hardwood floors on most of the main level, gorgeous durable slate floors in the kitchen, ceiling fans, and a convenient main-level laundry/mud room. Brand new HVAC! All of this on an ideal 0.35 acre lot with fully fenced backyard on a quiet cul-de-sac, offering serene views of trees and woods & providing a peaceful backdrop for relaxation. The attached oversized two-car garage and ample driveway parking add to the home's functionality. This property combines quiet privacy with walkable access to the W&OD trail, local amenities and town attractions, schools, and commuting options. Very low annual HOA fee. Priced below comps, don't miss this rare opportunity for the ideal Loudoun Valley home!
Source: BRIGHT #VALO2101388
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.
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