18005 Woods View Dr, Dumfries, VA 22026
5 beds · 5 baths · 3,950 sqft
Located in the highly sought-after Potomac Shores community, 18005 Woods View Drive offers a stunning Sumner II model built by Brookfield in 2019, featuring 5 bedrooms, 5 full baths, and nearly 4,000 square feet of living space on a peaceful cul-de-sac lot backing to woodlands for ultimate privacy. The thoughtfully designed floor plan includes a main-level bedroom with a full bath, four spacious bedrooms and three full baths upstairs, and an additional den and full bath in the finished lower level. A charming craftsman exterior with 2-car garage, front porch, in-ground sprinkler system, stone patio, open floor plan, rich wide plank flooring, decorative moldings, and an abundance of windows create instant appeal, while fresh neutral paint and brand new carpet make it move-in ready! ****** The gourmet kitchen is sure to please the modern chef with gleaming granite countertops, an abundance of 42” cherry cabinetry, and stainless steel appliances including double ovens, a microwave over the cooktop, and a spacious refrigerator. A large center island provides bar seating, the breakfast area is perfect for daily dining, or step outside to the large paver patio overlooking the yard and woodlands beyond, ideal for outdoor dining and simple relaxation. The family room features a wall of windows overlooking lush views while the open layout facilitates gathering with family and friends. A mudroom with storage and garage access rounds out the main level ****** Upstairs, the luxurious primary suite boasts plush new carpeting, a lighted ceiling fan, dual walk-in closets, and an ensuite bath with a dual sink vanity, soaking tub, and glass enclosed shower. Down the hall new carpeting continues into a junior suite enjoying a walk-in closet and private bath, and two additional generous sized bedrooms, each with walk-in closets, that share the hall bath. A laundry room with front loading machines adds convenience. The expansive lower level recreation room has plenty of space for games, media, and simple relaxation. A spacious den and additional full bath make a great guest suite, while a large storage room provides loads of storage space and room to expand. ****** Residents of Potomac Shores enjoy an array of resort-style amenities, including a Jack Nicklaus-designed golf course, scenic walking trails, a state-of-the-art fitness center, community pools, sports courts, playgrounds, the Shores Club with social events and activities, and so much more. Conveniently located near I-95, Route 1, and the VRE Station (coming soon), the home provides easy access to Quantico, Fort Belvoir, and major employment hubs in Northern Virginia and D.C. Shopping, dining, and entertainment options abound at nearby Stonebridge at Potomac Town Center, Potomac Mills, and charming local restaurants.
Source: BRIGHT #VAPW2089804
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: BRIGHT #VAPW2089804
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
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