3757 Foxhall Dr, White Plains, MD 20695
5 beds · 4 baths · 4,262 sqft
Stunning and spacious 4,262 sq. ft. colonial on almost 2 acres of pristine land backing to private woodland and a tranquil stream! With 5 beds/3.5 baths, and every modern convenience, this home offers the perfect combination of serene nature & luxurious living. The heart of this home is its large, eat-in kitchen, featuring stainless steel appliances, granite countertops, and a brand-new stove. The kitchen flows into a spacious family room with a cozy wood-burning fireplace. A bright sunroom, flooded with natural light from numerous windows, sits adjacent to the family room and offers easy access to the expansive rear deck. The formal dining room is ideal for hosting dinner parties, with elegant chair rail molding and a handsome chandelier adding timeless charm. A sunny living room and a convenient powder room complete the main level. The second-floor primary suite offers a luxurious retreat featuring two closets, an ensuite bathroom with a river-stone flooring walk-in shower stall, a jetted bathtub, dual sinks, and a private water closet. Three additional generously sized bedrooms and a full bathroom with a tub/shower are also located on this level. The expansive second-floor family room is a true standout, offering plenty of space for kids to play or for the family to unwind, and which is easily accessible from the first floor by a direct staircase. The convenience of a laundry closet on the second floor makes everyday living even easier. The third floor features a vaulted-ceiling bedroom, perfect for use as a guest room, studio, or home office. A full bathroom with a tub/shower, new sink, new toilet and new tile flooring adds comfort and convenience to this top-floor space, along with lots of storage closets. Throughout the home, you'll find brand-new light fixtures & fresh paint, along with many upgrades to appliances, carpets & fixtures. Of note is a fully encapsulated Dry Zone crawl space completed in 2023, and a new well and pressure tank in 2020 and new driveway in 2022. The oversized 2-car garage, ample storage, and sophisticated design make this home an ideal place for comfortable living and entertaining. The exterior of this home is just as impressive as the interior. Step outside to enjoy the private and expansive rear yard, where a large wooden deck, hot tub, and newly refurbished children’s playset (complete with swings and a slide) offer hours of outdoor enjoyment. The shed provides ample storage space and is equipped with lights and multiple electrical outlets for added functionality. The wooded portion of the lot with a running stream is the perfect setting for nature walks or peaceful moments in your own backyard oasis. Don’t miss your chance to own this beautiful home which is both an entertainer’s dream and a peaceful sanctuary! Make sure to visit the 3D video tour in the listing! Sellers have an assumable VA mortgage loan at 3.00% interest rate- ask me about this!
Source: BRIGHT #MDCH2040676
Financials
Source: Public records
Source: BRIGHT #MDCH2040676
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.