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6322 Powers Ln, Woodford, VA 22580
3 beds · 2 baths · 1,600 sqft
Looking for country living? Don't look anymore! VERY MOTIVATED SELLER BRING YOUR BUYERS THEY WILL APPRECIATE THIS AMAZING OUTDOORS TOUR! JUST REDUCE 5K. This one-level rambler sits in 5. 49 acres... offering you that comfort, privacy, and enjoyment. The view outdoors is incredible, the breeze, nature, and having your own private pond to fish in make it unique and special. 1 level rambler offering you 3 beds, 2 full baths, a living room with big windows to make the view outdoors easier... with brand new roof, double detached garage, plus storage area, gorgeous front deck to relax your evenings with the quietest of mother nature. Not to mention the asphalt driveway in a circle with lots of space for many cars. The well pump is less than 2 years old, W/H is 8 years old. $ 2,500. CREDIT TOWARD AC REPAIR ARE OFFERED. Desirable neighborhood, very convenient to major roads, less the 5 minutes to Route 1, less than 10 minutes to 95, and the new water park KALAHARI in construction, located in one of the fastest-growing counties in the Richmond area.
Source: BRIGHT #VACV2008080
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 #VACV2008080
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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