1983 Foxwood Ln, Lusby, MD 20657
6 beds · 4 baths · 3,579 sqft
MAJOR PRICE IMPROVEMENT! This gorgeous home is Priced to Sell! Welcome home to this absolutely beautiful property at 1983 Foxwood Ln, nestled in the desirable Foxwood Neighborhood of Lusby, Maryland. This stunning residence boasts approximately 4,000 square feet of luxurious living space, featuring six spacious bedrooms and four well-appointed bathrooms, making it perfect for your family. As you arrive, you’ll notice the extended, wide driveway providing ample space for parking. The home is bathed in natural light, thanks to numerous windows that highlight exquisite trim accents and showcase the beautiful attention to detail throughout. The open kitchen seamlessly connects to the living room, creating a perfect flow for entertaining and family gatherings. Enjoy cozy evenings by the gas fireplace or gather around the breakfast bar in the kitchen, which is adorned with granite countertops, a stylish backsplash, double ovens, and stainless steel appliances. Step outside onto the expansive 14x24 Trex and vinyl deck, ideal for summer cookouts, morning coffee, or evening wine. The fully fenced backyard, surrounded by vinyl fencing, is a blank canvas waiting for your personal touch to create your dream oasis. The property also features a spacious two-car garage with room for tools and includes a hookup for an electric car charger. The master suite is a true retreat, showcasing a luxurious soaker tub, an incredible shower with dual heads, and ample closet space. For added convenience, the upper level includes a washer and dryer. The fully finished basement offers endless possibilities for entertainment, complete with surround sound and a 120-inch 4K 3D Sony theater system that is negotiable with the sale. This level also includes a bedroom and a full bath, making it perfect for guests visiting from out of town. Located just 15 miles from NAS Patuxent River and 3 miles from Cove Point Park and water park, this one-of-a-kind home is truly a gem. Don’t miss out on this incredible opportunity—schedule your showing today! This home is a real CHARM!
Source: BRIGHT #MDCA2019976
Learn about how it works
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 #MDCA2019976
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.
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.
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 620, 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 committed to and abides by the Fair Housing Act of Equal Opportunity Act.