3 Beech Tree Ct, Fredericksburg, VA 22407
4 beds · 3 baths · 3,540 sqft
Stunning Home, " The Cowboy on River Road" as the owner's like to affectionally call it! Nestled down a long and winding fully paved driveway, for a stunning entrance! Peaceful and Serene wooded 3 plus acre lot in desirable River Bluffs, this custom home with over 3500 sq feet offers Beauty, Tranquility and Privacy. Location, Location, Location.... Conveniently located to be able to travel to Central Park, Downtown, and 95 yet is a world away from all the hustle and bustle. Boasting 4 spacious bedrooms and 3 large full bathrooms, cathedral ceilings and expansive windows for natural light to fill the home. The Spacious Primary Bedroom and Full Bath are located on the Main Floor. The Main Floor flows boasting walls of windows looking out into the trees and back yard. The Main Floor entails a Great Room boasting a Wood Burning Brick Fireplace that extends to the ceiling, Spacious Dining Room that fits a table for 12, and a Private Kitchen with top of the line beautiful white cabinetry with gorgeous granite and stainless appliances. The third floor is devoted to a private, amazing treehouse-like master suite with an entire wall of ceiling to floor windows that look out into the trees, including a spacious luxury master bathroom! Two additional bedrooms on the walk-out basement level that share a family/rec room space, and a large full bathroom. A large deck is located off the main floor reaching the entire width of the house for entertaining and enjoyment! Jaw dropping views through the windows that hug this home! Located on a cul de sac for safe play! Home has been Extremely Well Maintained! Electrical Panel is wired to a 65 amp plug for a generator to run the house, House comes with a 220 amp plug for electric car in the garage, Home has a buried 500gal propane tank that is owned ( not leased), Roof is 2 years old, Windows have been replaced, Cedar Siding was Freshly Painted as of last year, Entire Inside of Home has been painted with in the last year as well!
Source: BRIGHT #VASP2031904
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 #VASP2031904
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.